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$999,000

Listing Price

3beds

1baths

1,678sqft

43,560sqft lot

242 Prospect Rd, Monroe, NY 10950

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

515.67

Price / sqft

1980

Year built

Home Details

**A Rare Development & Investment Opportunity**nnThis 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:nn**234 Prospect Road 236 Prospect Road 242 Prospect Road**nnBeing sold together, these three properties create a rare opportunity for **larger land, greater development potential, and multiple income possibilities.**nnThe 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).nnStrategically 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.nnWhile 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.nnWhether 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.**nnsurrounding new construction, and remarkable potential of this one-of-a-kind opportunity.**

Interior Details

Square Feet
  • 1678

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 43560

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Raised Ranch

Exterior
  • Aluminum/vinyl

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$9,567

$12,000

$32,000

--%

$44,000

2018

$8,987

$12,000

$32,000

--%

$44,000

2017

$8,592

$12,000

$32,000

--%

$44,000

2016

$8,633

$12,000

$32,000

--%

$44,000

2015

$8,509

$12,000

$32,000

--%

$44,000

2013

$8,373

$12,000

$32,000

--%

$44,000

2011

$8,057

$12,000

$32,000

--%

$44,000

percent-home-icon

Average Home Price in 10950

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$899,000

4 Beds

1.5 Baths

1,596 Sqft

69,696 Lot (sqft)

Sold 10/13/2026

$999,000

3 Beds

1 Baths

1,678 Sqft

43,560 Lot (sqft)

Sold 09/29/2026

$850,000

3 Beds

1.5 Baths

1,836 Sqft

40,417 Lot (sqft)

Sold 07/10/2025

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
999,000
$
Down payment
199,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,994
$
HOA (Monthly)
0
$
PMI
0
$
$6,467
Your Payment
Total Monthly Payment:$6,467
Percent of Income:111%
Affordable:No

Details for 242 PROSPECT RD

Property Debt

Foreclosure Contact Details