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For sale
  • $999,000

    242 Prospect Road, Monroe, NY 10950

    3beds
    1,678sqft
    Loading
    Single Family Residence, Residential
    Built in 1980
    1 Acres Lot
    $-- Zestimate®
    $595/sqft
    $-- HOA

    What's special

    **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.**
    3 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    eRealty Advisors, Inc 914-712-6330,

    Joel Basch 347-486-2196

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1035856MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Baseboard, Oil, Other
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Other
      Features
      • Other
      • Basement: Walk-Out Access
      • Attic: Pull Stairs
      Interior area
      • Total structure area: 1,678
      • Total interior livable area: 1,678 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Has private pool: Yes
      • Pool features: In Ground
      Lot
      • Size: 1 Acres
      Details
      • Parcel number: 3320032030000001008.0000000
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence, Residential
      Materials
      • Frame
      Condition
      • Year built: 1980

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, Phone Available, Trash Collection Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Monroe

      Financial & listing details

      • Price per square foot: $595/sqft
      • Tax assessed value: $46,600
      • Annual tax amount: $12,873
      • Date on market: 8/21/2026
      • Cumulative days on market: 4 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

        DateEventPrice
        8/21/2026Listed for sale$999,000+22.6%$595/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1035856 Report a problem
        12/16/2024Sold$815,000-2.9%$486/sqft
        Source: OneKey® MLS as distributed by MLS GRID #H6289869 Report a problem
        11/15/2024Pending sale$839,000$500/sqft
        Source: OneKey® MLS as distributed by MLS GRID #H6289869 Report a problem
        10/27/2024Listing removed$839,000$500/sqft
        Source: OneKey® MLS as distributed by MLS GRID #H6289869 Report a problem
        10/27/2024Pending sale$839,000$500/sqft
        Source: OneKey® MLS as distributed by MLS GRID #H6289869 Report a problem
        7/22/2024Price change$839,000-6.7%$500/sqft
        Source: OneKey® MLS as distributed by MLS GRID #H6289869 Report a problem
        3/1/2024Listed for sale$899,000$536/sqft
        Source: OneKey® MLS as distributed by MLS GRID #H6289869 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $46,600 +5.9%
        2024-- $44,000
        2023-- $44,000
        2022-- $44,000
        2021-- $44,000
        2020-- $44,000
        2019-- $44,000
        2018-- $44,000
        2017$8,581 $44,000
        2016-- $44,000
        2015-- $44,000
        2014-- $44,000
        2013-- $44,000
        2012-- $44,000
        2011-- $44,000 +0.2%
        2010-- $43,900
        2009-- $43,900
        2007-- $43,900
        2006-- $43,900
        2005-- $43,900
        2004-- $43,900
        2002-- $43,900
        2001-- $43,900
        2000-- $43,900
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Blooming Grove

        Getting around

        0 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Round Hill Elementary School
        • Middle: Washingtonville Middle School
        • High: Washingtonville 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.

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