Sherry S. Khan
Call: (516) 606-1272
Text: (516) 606-1272
BEDS4
BATHS2 full
SQUARE FEET2,018
MLS#949385
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLSouth Country
Property 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.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Home Style: Cape Cod
Lot Size: 0.99 Acres
Taxes: $7,324
Year Built: 1932
Amenities
First Floor Bedroom
Entrance Foyer
Master Downstairs
Walk Through Kitchen
Feature Descriptions
Appliances: Electric Water Heater
Attic: Partially Finished
Building Area Total: 2018
Days on Site: 200
Exterior: Cedar, Shake Siding
Fireplace Y/N: Yes
Number Of Kitchens: 1
On Market Date: 2026-01-22
Parcel Number: 0200-975-90-03-00-005-001
Parking Features: Driveway
Rental Term: Monthly
Rooms Total: 6
Seller Concession: Yes
Sewer: Cesspool
Utilities: Electricity Connected
Water: Public
Local Schools
High School: Bellport Senior High School
Middle School: Bellport Middle School
Elementary School: Verne W Critz Elementary School
School District: South Country
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Estimated Payment
$ 3,001.70 per month $2,114.29 Principal & Interest $610.33 Property Tax $277.08 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: VYLLA Home
Agency Contact: 888-575-2773
Shown By
Agent Name: Sherry S. Khan
Agent Phone: (516) 606-1272
Agency Title: Laffey Real Estate
466 Munsell Road | MLS# 949385
This single family home located at 466 Munsell Road, East Patchogue, NY 11772 is currently listed for sale with an asking price of $950,000. This property was built in 1932 and has 4 bedrooms and 2 full baths with 2018 sq. ft. Munsell Road is located within the South Country school district. Search East Patchogue real estate on sherrykhan.laffey.com today.