466 Munsell Road, East Patchogue, NY 11772
Suffolk County
Key Facts
Description
Prime development and investment opportunity located south of Montauk Highway in Patchogue. 466 Munsell Road features a recently approved 2-lot subdivision offering both immediate rental income and future development potential. Lot 1 includes a 2-story, 4-bedroom, 2-full-bath home with significant recent improvements, including a brand-new septic system and waterline, new electrical service and panel, new gas boiler and hot water tank, and a second full bathroom added in the unfinished basement. The basement offers both interior and exterior access. The existing home is currently rented with a valid rental permit, producing approximately $4,000 per month in rental income. Lot 2 is a vacant parcel with subdivision approval in place, providing the opportunity to construct a new 2-story residence. Proposed plans call for a 7-bedroom, 4-bathroom home (plans available upon request). A rare opportunity to acquire a cash-flowing property with approved subdivision in a high-demand South Shore location.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Cape Cod
Year Built
1932
Living Area
2,018 sq ft
Lot Size
0.99 acres
Days on Market
137
MLS® Listing#
949385
Property Features
Interior
Appliances
Cooling
Heating
Basement
Parking
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- Verne W Critz Elementary School
- Middle:
- Bellport Middle School
- High:
- Bellport Senior High School
Financial Details
Annual Taxes
$7,324
Assessed Value
$1,700
Parcel Number
0200-975-90-03-00-005-001
Affordability Calculator
$190,000
Estimated monthly payment
$5,056/mo
Principal $760,000 · Est. interest $1,060,268 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in East Patchogue, NY
- $929,412
- Median Listing Price
- 52
- Median Days on Market
- 1,900
- Median Sq Ft
- $498
- Median Price / Sq Ft
- 508
- Active Listings
- This home’s price is 2% above the area median.
- Its price per sq ft is 6% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in East Patchogue, NY.
Location
- 466 Munsell Road, East Patchogue, NY 11772
Points of Interest in East Patchogue, NY
Showing the East Patchogue area map.
Nearby Schools
Verne W Critz Elementary School
Elementary · 0.6 mi away
South Country Central School District
School · 0.7 mi away
Kreamer Street Elementary School
Elementary · 0.9 mi away
Eastern Suffolk Boces
Secondary · 1.0 mi away
Bellport Middle School
Secondary · 1.0 mi away
Frank P Long Intermediate School
Elementary · 1.1 mi away
Religious Education office
School · 1.4 mi away
Bellport High School
Secondary · 1.8 mi away
Brookhaven Elementary School
Elementary · 2.2 mi away
Eastern Suffolk Boces
School · 2.3 mi away
Kiddie Kollege Nursery School
Elementary · 2.5 mi away
Barton Elementary School
Elementary · 2.6 mi away
Saxton Middle School
Secondary · 2.7 mi away
Bay Elementary School
Elementary · 2.7 mi away
Medford Elementary School
Elementary · 2.7 mi away
Emanuel Lutheran School
Elementary · 2.9 mi away
South Ocean Middle School
Secondary · 3.0 mi away
Patchogue-Medford School District
School · 3.0 mi away
Holy Angels Regional School
Elementary · 3.1 mi away
New Interdisciplinary School
Elementary · 3.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 333 Ocean Avenue, East Rockaway, NY | $675,000 | 3 | 1 | 1,350 |
| 38 Memorial Boulevard, East Moriches, NY | $675,000 | 4 | 3 | 1,930 |
| 339 Barton Avenue, East Patchogue, NY | $675,000 | 4 | 3 | 1,652 |
| 3 Nancy Place, East Massapequa, NY | $679,000 | 4 | 2 | 1,439 |
| 129 West Boulevard, East Rockaway, NY | $679,000 | 3 | 2 | 1,890 |
| 323 Erik Drive, East Setauket, NY | $689,000 | 3 | 3 | 1,800 |
Moving Cost Estimate
EXIT Agents in East Patchogue
Listing Courtesy: VYLLA Home - 8885752773
Presented by: Bryan Whalen
Fair Housing Notice