493 Munsell Road, East Patchogue, NY 11772
Suffolk County
Key Facts
Description
Exceptional development and investment opportunity in East Patchogue, located on Munsell Road. 493 Munsell Road offers a fully approved 3-lot subdivision, providing immediate rental income along with significant future development potential. Lot 1 features an existing 2-story residence with 4 bedrooms and 3 full bathrooms. The home is currently rented with a rental permit in place, generating approximately $4,000 per month in rental income. Lots 2 and 3 are vacant parcels, with Lot 3 configured as a flag lot, both approved for new construction. Proposed plans call for two new 2-story homes, each offering 7 bedrooms and 4 full bathrooms (plans available). Subdivision approvals have been completed, making this a rare opportunity for investors or builders seeking a cash-flowing property with multiple approved buildable lots in a high-demand South Shore location.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Farmhouse
Year Built
1910
Living Area
1,520 sq ft
Lot Size
2.92 acres
Days on Market
126
MLS® Listing#
949387
Property Features
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Parking
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- Bay Elementary School
- Middle:
- Saxton Middle School
- High:
- Patchogue-Medford High School
Financial Details
Annual Taxes
$11,554
Assessed Value
$2,700
Parcel Number
0200-975-90-03-00-008-001
Affordability Calculator
$250,000
Estimated monthly payment
$6,653/mo
Principal $1,000,000 · Est. interest $1,395,089 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 34% above the area median.
- Its price per sq ft is 65% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in East Patchogue, NY.
Location
- 493 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 · 0.7 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 · 1.0 mi away
Religious Education office
School · 1.4 mi away
Bellport High School
Secondary · 1.7 mi away
Brookhaven Elementary School
Elementary · 2.2 mi away
Eastern Suffolk Boces
School · 2.3 mi away
Kiddie Kollege Nursery School
Elementary · 2.6 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 · 3.1 mi away
Patchogue-Medford School District
School · 3.1 mi away
New Interdisciplinary School
Elementary · 3.1 mi away
Holy Angels Regional School
Elementary · 3.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 5 Windsor Lane, East Northport, NY | $875,000 | 3 | 2 | 1,800 |
| 2625 Cypress Avenue, East Meadow, NY | $879,999 | 4 | 2 | 2,322 |
| 99 Burr Road, East Northport, NY | $884,000 | 4 | 2 | 2,200 |
| 224 Berriman Street, East New York, NY | $885,000 | 8 | 4 | — |
| 476 Bernard Street, East Meadow, NY | $889,000 | 3 | 3 | 1,663 |
| 3006 90TH Street, East Elmhurst, NY | $889,000 | 3 | 2 | 1,500 |
Moving Cost Estimate
EXIT Agents in East Patchogue
Listing Courtesy: VYLLA Home - 8885752773
Presented by: Bryan Whalen
Fair Housing Notice