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493 Munsell Road

North Bellport NY 11772

4
3
1520 sq. ft.
127195 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
3 bathrooms
1520 sq. ft. floor area
127195 sq. ft. lot size
Single-Family

Property history for 493 Munsell Road

2022
Rented
Undisclosed
27 Jun 2022 by Rice Realty Group Inc
2022
Sold
$415,000
04 Apr 2022 by LaurensJames Seubert, of Rice Realty Group Inc

Happy sellers in North Bellport

100%
100% of sellers in North Bellport reported that their sale price either exceeded or met their price expectations.

North Bellport stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in North Bellport over the last 12 months.

Local market activity for 4 bedroom single-family properties in North Bellport

In the last 12 months, 98 four-bedroom single-family properties similar to 493 Munsell Road, have been sold.

This represents a 20% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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