East Patchogue, NY 11772,466 Munsell RD
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$ 950,000
Est. payment | /mo

4 Beds

2 Baths

2,018 SqFt


Save
$ 950,000
Est. payment | /mo
Save

4 Beds

2 Baths

2,018 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,018 sqft

Price per Sqft $470

MLS Listing ID 949385

Style Cape Cod

Bedrooms 4

Full Baths 2

HOA Y/N No

Rental Info No

Year Built 1932

Annual Tax Amount $1,700

Lot Size 0.990 Acres

Acres 0.99

Property Sub-Type Single Family Residence

Source onekey2

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.

Location

State NY

County Suffolk County

Rooms

Basement Unfinished

Interior

Interior Features First Floor Bedroom, Entrance Foyer, Master Downstairs, Walk Through Kitchen

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Electric Water Heater

Exterior

Parking Features Driveway

Utilities Available Electricity Connected

Garage false

Private Pool No

Building

Sewer Cesspool

Water Public

Level or Stories Two

Structure Type Cedar,Shake Siding

Schools

Elementary Schools Verne W Critz Elementary School

Middle Schools Bellport Middle School

High Schools South Country

School District South Country

Others

Senior Community No

Special Listing Condition None

Listed by VYLLA Home • Bryan Whalen

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Luciane Serifovic

Luciane Serifovic

CEO & FOUNDER | License ID: 10491208575

+1(917) 567-8767

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466 Munsell RD