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About This Home
This 4-bedroom, 3-bathroom single family at 493 Munsell Road in East Patchogue, NY is listed for $1,250,000 ($822 per sqft). Built in 1910, the home offers 1,520 sqft of living space on a 2.92 acres lot.
Exceptional development and investment opportunity in East Patchogue, located on Munsell Road. 493 Munsell Road offers a fully approved 3-lot subdivision, providing immediate rental income along with significant future development potential. Lot 1 features an existing 2-story residence with 4 bedrooms and 3 full bathrooms.
The home is currently rented with a rental permit in place, generating approximately $4,000 per month in rental income. Lots 2 and 3 are vacant parcels, with Lot 3 configured as a flag lot, both approved for new construction. Proposed plans call for two new 2-story homes, each offering 7 bedrooms and 4 full bathrooms (plans available).
Subdivision approvals have been completed, making this a rare opportunity for investors or builders seeking a cash-flowing property with multiple approved buildable lots in a high-demand South Shore location.
Key Features
- Built in 1910
- 2.92 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$6,685/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
493 Munsell Road
East Patchogue, NY 11772
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom single family at 493 Munsell Road is listed at $1,250,000 ($822/sqft). The estimated monthly payment is $5,417 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 2.92 acre lot, 2 stories. Interior Features: Open Kitchen.
This property is listed by Bryan Whalen and can be reached at 6313179979 or builders@4whalenhomes.com.
