Jeffrey Farnell - Smitchger Realty Logo
$950,000
 $5,100 est/mo Sourced by Back At You

466 Munsell Road,East Patchogue, NY 11772

East Patchogue, NY 11772

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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.

Details

MLS #949385
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1932
Days On Site218
Listing Provided ByVYLLA Home | Bryan Whalen

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet2,018
BasementY
Story(s)2
Acreage0.99

Interior

CoolingWall/Window Unit(s)
HeatingNatural Gas
Interior FeaturesFirst Floor Bedroom, Entrance Foyer, Master Downstairs, Walk Through Kitchen
AppliancesElectric Water Heater

Exterior

Construction MaterialsCedar, Shake Siding

Parking

Garage Yes / NoNo
Parking FeaturesDriveway

Utilities

UtilitiesElectricity Connected
SewerCesspool

Taxes

Tax Year2024
Tax Assessed Value1700
Tax Annual Amount7324

Area Information

StateNY
CountySuffolk County
CityEast Patchogue
Zip Code11772
School DistrictBellport Senior High School
Elementary SchoolVerne W Critz Elementary School
High SchoolBellport Senior High School
Listing VS Median (in 11772)
Price:
$950,000
low | high
Med:
$589,500
87.947421052632% of Average
sqft:
2,018
low | high
Med:
1,301
85.530227948464% of Average
$ / sqft:
$471
low | high
Med:
$456
53.124915697129% of Average
On site:
218
low | high
Med:
66.5
100% of Average
Sourced by Back At You

Market Activity 11772

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Learn More About This Property

Jeffrey Farnell

Jeffrey Farnell

John J Lease REALTORS

GRI (914) 850-1257jeffreygfarnell@yahoo.com
StateNY
CountySuffolk County
CityEast Patchogue
Zip Code11772
School DistrictBellport Senior High School
Elementary SchoolVerne W Critz Elementary School
High SchoolBellport Senior High School
Listing VS Median (in 11772)
Price:
$950,000
low | high
Med:
$589,500
87.947421052632% of Average
sqft:
2,018
low | high
Med:
1,301
85.530227948464% of Average
$ / sqft:
$471
low | high
Med:
$456
53.124915697129% of Average
On site:
218
low | high
Med:
66.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $712K - $1.187M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
493 Munsell Road Property Photo 1
$1,250,000
493 Munsell Road
East Patchogue, NY 11772
Listing Updated: June 8, 2026 at 12:25:10 PM PDT

Jeffrey Farnell - Smitchger Realty