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About This Home

This 4-bedroom, 2-bathroom single family at 466 Munsell Road in East Patchogue, NY is listed for $950,000 ($471 per sqft). Built in 1932, the home offers 2,018 sqft of living space on a 0.99 acres lot.

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 s

ystem 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.

Key Features

  • Built in 1932
  • 0.99 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
2 full
1932

Amenities

FireplaceA/C

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

466 Munsell Road

East Patchogue, NY 11772

Features & Amenities

Interior Features

First Floor BedroomEntrance FoyerMaster DownstairsWalk Through Kitchen

Property Details

Construction

Cedar Shake Siding

Parking

Driveway

Heating

Natural Gas

Cooling

Wall/Window Unit(s)Window Unit(s)

Appliances

Electric Water Heater

Questions & Answers

This 4-bedroom, 2-bathroom single family at 466 Munsell Road is listed at $950,000 ($471/sqft). The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.

Key features include: Built in 1932, 0.99 acre lot, 2 stories, Fireplace. Interior Features: First Floor Bedroom, Entrance Foyer, Master Downstairs.

This property is listed by Bryan Whalen and can be reached at 6313179979 or builders@4whalenhomes.com.

BW

Bryan Whalen

Agent at VYLLA Home

(631) 317-9979

Listed by VYLLA Home · View on Broker Site

MLS# 949385· Source: listhub· Updated 130 days ago

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466 Munsell Road, East Patchogue, NY 11772

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