493 Munsell Road, E. Patchogue, NY 11772
- $1,250,000
- 4
- BD
- 3
- BA
- 1,520
- SqFt
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- 949387
- Price Change
- ▼ $100,000 1780000772
- Year Built
- 1910
- Days on Market
- 234
- Style
- Farmhouse
- Bedrooms
- 4
- Bathrooms
- 3
- Baths Full
- 3
- Living Area
- 1,520
- Acres
- 2.92
- County
- Suffolk
- City Orig
- East Patchogue
- Lot Size
- 127195
Property 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.
Additional Information
- Interior Features
- Open Kitchen
- Heating
- Baseboard, Natural Gas
- Cooling
- None
- Appliances
- Electric Water Heater, Oven, Range, Refrigerator
- Sewer
- Cesspool
- Elementary School
- Bay Elementary School
- Middle School
- Saxton Middle School
- High School
- Patchogue-Medford High School
- School District
- Patchogue-Medford
- Sq Ft
- 127195
- Taxes
- $11,554
- 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.