466 Munsell Road, E. Patchogue, NY 11772
- $950,000
- 4
- BD
- 2
- BA
- 2,018
- SqFt
- List Price
- $950,000
- Status
- ACTIVE
- MLS#
- 949385
- Year Built
- 1932
- Days on Market
- 232
- Style
- Cape Cod
- Bedrooms
- 4
- Bathrooms
- 2
- Baths Full
- 2
- Living Area
- 2,018
- Acres
- 0.99
- County
- Suffolk
- City Orig
- East Patchogue
- Lot Size
- 43124
Property 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.
Additional Information
- Interior Features
- First Floor Bedroom, Entrance Foyer, Master Downstairs, Walk Through Kitchen
- Heating
- Natural Gas
- Cooling
- Wall/Window Unit(s)
- Appliances
- Electric Water Heater
- Sewer
- Cesspool
- Elementary School
- Verne W Critz Elementary School
- Middle School
- Bellport Middle School
- High School
- Bellport Senior High School
- School District
- South Country
- Sq Ft
- 43124
- Taxes
- $7,324
- Parking
- Driveway
- Water
- Public
Mortgage Calculator
Listing courtesy of Listing Agent: Bryan Whalen (builders@4whalenhomes.com) from Listing Office: VYLLA Home.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.