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
- 69 days |
- 489 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: January 23, 2026 at 02:03am
Listing by:
VYLLA Home 888-575-2773,
Bryan Whalen 631-317-9979
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 949385
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
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: $1,700
- Date on market: 1/22/2026
- Cumulative days on market: 70 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
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
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
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Hagerman
Nearby schools
GreatSchools rating
- 4/10Verne W Critz Elementary SchoolGrades: K-3Distance: 0.6 mi
- 4/10Bellport Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Bellport Senior High SchoolGrades: 9-12Distance: 1.8 mi
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.
Local experts in 11772
- New York
- Suffolk County
- Patchogue
- 11772
- Hagerman
- 466 Munsell Road
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