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Listed price in listed location currency (USD).
$999,000

322

MLS® 1062059

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1678 sqft
Garage Yes
Taxes $12,873
Days Active 4
Lot Size 1 Acres
Approx. Age 1980
Avg. Price Per Sqft $595
MLS® Number 1062059

Property Address: 242 Prospect Rd, Monroe, NY, 10950-2038

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

Description

**A Rare Development & Investment Opportunity** This is far more than three homes—it's a unique opportunity to acquire **three adjoining properties totaling over 3 acres** in one of the area's fastest-growing locations: **234 Prospect Road • 236 Prospect Road • 242 Prospect Road** Being sold together, these three properties create a rare opportunity for **larger land, greater development potential, and multiple income possibilities.** The true value lies in the potential to **combine the parcels and pursue a potential multi-lot subdivision**, with the possibility of constructing multiple homes (subject to all municipal approvals). Strategically positioned **right at the boundaries of major new residential construction and rapidly expanding communities**, this property sits directly in the path of growth while remaining conveniently close to major shopping and surrounding areas. While pursuing future development, the **three existing homes provide immediate income-producing opportunities**, including long-term rentals, large-group or short-term rentals, or personal use while preserving the property's future potential. Whether you're a **developer, investor, or visionary buyer**, this is an exceptionally rare opportunity to acquire multiple adjoining properties with **existing income, substantial land, and significant long-term upside.** surrounding new construction, and remarkable potential of this one-of-a-kind opportunity.**
MLS® Number1062059
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1980
BasementWalk-Out Access
DrivewayDriveway
Garage Spaces
HeatBaseboard, Oil, Other
A/CWall/Window Unit(s)

Extras

Price History

Last Sold Price

$815,000$815K

Appreciation

--

Avg. Days Listed

145 days

Today, For Sale for $999,000

For Sale · 3 days

$999,000

MLS® 1062059

4 days ago

Not Sold Yet

October 2026, For Sale for $999,000

For Sale · 3 days

$999,000

MLS® 1062059

4 days ago

Not Sold Yet

August 2026, For Sale for $999,000

For Sale · 57 days

$999,000

MLS® 1035856

2 months ago

Not Sold Yet

October 2024, Sold for $815,000

Sold · 232 days

$815,000$839,000

MLS® H6289869

2 years ago

Sold on Oct 17, 2024

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