242 Prospect Rd Monroe, NY 10950
Blooming Grove AreaEstimated payment $6,713/month
Highlights
- In Ground Pool
- 1 Acre Lot
- Baseboard Heating
About This Home
**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.**
Listing Agent
eRealty Advisors, Inc Brokerage Phone: 914-712-6330 License #10401324544 Listed on: 08/21/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,873
Year Built
- Built in 1980
Parking
- 2 Car Garage
- Driveway
Home Design
- Split Level Home
- Frame Construction
Interior Spaces
- 1,678 Sq Ft Home
- Walk-Out Basement
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Round Hill Elementary School
- Washingtonville Middle School
- Washingtonville Senior High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Heating System Uses Oil
- Well
- Septic Tank
- Phone Available
Additional Features
- In Ground Pool
- 1 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 332003-203-000-0001-008.000-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,607 | $46,600 | $12,000 | $34,600 |
| 2024 | $11,569 | $44,000 | $12,000 | $32,000 |
| 2023 | $11,569 | $44,000 | $12,000 | $32,000 |
| 2022 | $10,783 | $44,000 | $12,000 | $32,000 |
| 2021 | $10,119 | $44,000 | $12,000 | $32,000 |
| 2020 | $9,567 | $44,000 | $12,000 | $32,000 |
| 2019 | $503 | $44,000 | $12,000 | $32,000 |
| 2018 | $8,987 | $44,000 | $12,000 | $32,000 |
| 2017 | $8,592 | $44,000 | $12,000 | $32,000 |
| 2016 | $64,436 | $44,000 | $12,000 | $32,000 |
| 2015 | -- | $44,000 | $12,000 | $32,000 |
| 2014 | -- | $44,000 | $12,000 | $32,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/21/2026 08/21/26 | For Sale | $999,000 | +22.6% | $595 / Sq Ft | |
| 12/16/2024 12/16/24 | Sold | $815,000 | 0.0% | $470 / Sq Ft | View Prior Sale |
| 11/15/2024 11/15/24 | Pending | -- | -- | -- | |
| 11/13/2024 11/13/24 | Off Market | $815,000 | -- | -- | |
| 10/17/2024 10/17/24 | Pending | -- | -- | -- | |
| 07/22/2024 07/22/24 | Price Changed | $839,000 | -6.7% | $484 / Sq Ft | |
| 03/01/2024 03/01/24 | For Sale | $899,000 | -- | $518 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $815,000 | Wfg National Title Insurance |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $880,000 | Unknown | |
| Closed | $692,750 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $110,000 | No Value Available | |
| Previous Owner | $140,000 | No Value Available |
Source: OneKey® MLS
MLS Number: 1035856
APN: 332003-203-000-0001-008.000-0000
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Ask me questions while you tour the home.