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.
For sale
$950,000
466 Munsell Road, East Patchogue, NY 11772
4beds
2,018sqft
Single Family Residence, Residential
Built in 1932
0.99 Acres Lot
$-- Zestimate®
$471/sqft
$-- HOA
What's special
- 251 days
- 212
- 6
Zillow last checked:
Listing updated:
Listed by:
VYLLA Home 888-575-2773,
Bryan Whalen 631-317-9979
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 949385
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Water Heater
Features
- First Floor Bedroom, Entrance Foyer, Master Downstairs, Walk Through Kitchen
- Basement: Unfinished
- Attic: Partially Finished
- Has fireplace: Yes
Interior area
- Total structure area: 2,018
- Total interior livable area: 2,018 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 0.99 Acres
Details
- Parcel number: 0200975900300005001
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence, Residential
Materials
- Cedar, Shake Siding
Condition
- Year built: 1932
Utilities & green energy
- Sewer: Cesspool
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: East Patchogue
Financial & listing details
- Price per square foot: $471/sqft
- Tax assessed value: $1,700
- Annual tax amount: $7,324
- Date on market: 1/22/2026
- Cumulative days on market: 252 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2026 | Listed for sale | $950,000+146.8%$471/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #949385 Report a problem | ||
| 4/4/2022 | Sold | $385,000-1%$191/sqft |
Source: OneKey® MLS as distributed by MLS GRID #L3359093 Report a problem | ||
| 1/5/2022 | Pending sale | $389,000$193/sqft |
Source: OneKey® MLS as distributed by MLS GRID #3359093 Report a problem | ||
| 11/11/2021 | Listed for sale | $389,000$193/sqft |
Source: OneKey® MLS as distributed by MLS GRID #3359093 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | -- | $1,700 |
| 2022 | -- | $1,700 |
| 2021 | -- | $1,700 |
| 2020 | -- | $1,700 |
| 2019 | -- | $1,700 |
| 2018 | -- | $1,700 |
| 2017 | $1,529 | $1,700 |
| 2016 | -- | $1,700 |
| 2015 | -- | $1,700 |
| 2014 | -- | $1,700 |
| 2013 | -- | $1,700 |
| 2012 | -- | $1,700 |
| 2011 | -- | $1,700 |
| 2007 | $1,346 +19.1% | $1,700 |
| 2005 | $1,130 +0.5% | $1,700 |
| 2004 | $1,125 +4.3% | $1,700 |
| 2003 | $1,079 +2% | $1,700 |
| 2002 | $1,057 | $1,700 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Hagerman
Nearby schools
Schools provided by the listing agent
- Elementary: Verne W Critz Elementary School
- Middle: Bellport Middle School
- High: Bellport Senior High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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