493 Munsell Rd East Patchogue, NY 11772
Estimated payment $7,911/month
Highlights
- 2.92 Acre Lot
- Farmhouse Style Home
- Baseboard Heating
- Wood Flooring
About This Home
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.
Listing Agent
VYLLA Home Brokerage Phone: 888-575-2773 License #10401214759 Listed on: 01/22/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,554
Year Built
- Built in 1910
Lot Details
- 2.92 Acre Lot
Parking
- Driveway
Home Design
- Farmhouse Style Home
- Bi-Level Home
- Vinyl Siding
Interior Spaces
- 1,520 Sq Ft Home
- Wood Flooring
- Crawl Space
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Schools
- Bay Elementary School
- Saxton Middle School
- Patchogue-Medford High School
Utilities
- No Cooling
- Baseboard Heating
- Heating System Uses Propane
- Propane
- Electric Water Heater
- Cesspool
Listing and Financial Details
- Assessor Parcel Number 0200-975-90-03-00-008-001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $11,548 | $2,700 | $700 | $2,000 |
| 2023 | $11,548 | $2,700 | $700 | $2,000 |
| 2022 | $6,884 | $2,700 | $700 | $2,000 |
| 2021 | $6,884 | $2,700 | $700 | $2,000 |
| 2020 | $7,203 | $2,700 | $700 | $2,000 |
| 2019 | $7,203 | $0 | $0 | $0 |
| 2018 | $6,738 | $2,700 | $700 | $2,000 |
| 2017 | $6,738 | $2,700 | $700 | $2,000 |
| 2016 | $6,732 | $2,700 | $700 | $2,000 |
| 2015 | -- | $2,700 | $700 | $2,000 |
| 2014 | -- | $2,700 | $700 | $2,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/22/2026 01/22/26 | For Sale | $1,350,000 | +225.3% | $888 / Sq Ft | |
| 04/04/2022 04/04/22 | Sold | $415,000 | -1.0% | -- | View Prior Sale |
| 01/05/2022 01/05/22 | Pending | -- | -- | -- | |
| 11/11/2021 11/11/21 | For Sale | $419,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $415,000 | None Available | |
| Deed | $415,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $411,300 | Commercial |
Source: OneKey® MLS
MLS Number: 949387
APN: 0200-975-90-03-00-008-001
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