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Listed price in listed location currency (USD).
$950,000

420

MLS® 949385

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 2018 sqft
Garage 
Taxes $7,324
Days Active 232
Lot Size 0.99 Acres
Approx. Age 1932
Avg. Price Per Sqft $470
MLS® Number 949385

Property Address: 466 Munsell Rd, E Patchogue, NY, 11772-5617

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number949385
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1932
BasementUnfinished
DrivewayDriveway
Garage Spaces
HeatNatural Gas
A/CWall/Window Unit(s)

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $589,000 and $1,131,000.
Similar properties in this area sold on average for: $589,833
Expected to sell very soon! Similar properties sold in 81 days. This home has been on Zoocasa for 232 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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