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231 Hill Rise Circle
Condo in Calverton •  building info
2bd • 1.5ba • 1,008ft² $313 per ft²
List Price

$315,000

Listing Agent
Keith M. Dawson CBR  • Signature Premier Properties
Key Details
Days on market
6
Last price change
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Estimated payment
$2,301/mo
Taxes
$205/mo
Common charges
$350/mo
Description
Turn-Key Investment Opportunity with Immediate Cash Flow! Attention investors: This tenant-occupied property is ready to start earning from day one. With a solid monthly rental income of $2,542—of which $2,541 is reliably direct-deposited through Section 8—this is a low-maintenance, high-consistency addition to your portfolio. Tenant covers the remaining $61 per month, and the property delivers a strong 7% cap rate. Whether you’re expanding your portfolio or securing your first rental, this income-producing asset offers built-in stability and immediate returns.

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Home features
Private outdoor space

Roof Deck

Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$315,000
Asking Price: $315,000
Term
30 Years
Down Payment
$31,000 (10%)
Min: 10% (31,000)
Rate
6.25 %
Mortgage Amount
$283,500
Mortgage Payment
$1,746
Common Charges
$350
Taxes
$205
Estimated closing cost
$15,000
Total monthly cost $2,301
Listing Courtesy of Signature Premier Properties

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