242 Prospect Road Monroe, NY $ 999,000
242 Prospect Road
$ 999,000
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242 Prospect Road

Monroe, NY, 10950
$ 999,000
Bedrooms3 Baths1.1 Sq 1,678

Monthly Estimate*

$ 6,308

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Single Family Home for sale in Monroe, NY

for $999,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,678 square foot home was built in 1980 on a lot size of 1.

**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.**

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Single Family Active

Price

$ 999,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 12,873

Style

Split Level

Lot Size

1

Year Built

1980

Town/City

Monroe

County/Region

Orange

MLS | Web ID

1035856

Features
Interior
Interior Amenities Other
Basement Walk-Out Access
Basement Features Walk-Out Access
Basement (Y/N) Y
Half Baths 1
Total Bedrooms 3
Total Baths 2
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General
Sewer Septic Tank
Heating Baseboard Oil Other
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Phone Available Trash Collection Public
Appliances Other
Garage Spaces 2
Architectural Style Split Level
Pool Features In Ground
Construction Materials Frame
Year Built 1980
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 332003-203-000-0001-008.000-0000
County Orange County
Property Type Residential
HOA N
Garage Y/N Y
Total Rooms 6
Full Baths 1
High School Washingtonville Senior High School
City Monroe
Senior Community Y/N N
High School District Washingtonville
Carport Y/N N
Elementary School Round Hill Elementary School
Property Attached Y/N N
Tax Annual Amount 12873.38
Middle/Junior High School Washingtonville Middle School
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Washingtonville
Elementary School District Washingtonville
Tax Assessed Value 46600
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Exterior
Parking Features Driveway Driveway
Water Source Well
Waterfront Y/N N
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Internal Only
Street Number 1 242
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* Excluded Features
List By
Joel Basch

Listing Agent

Erealty Advisors, Inc

Broker

914-712-6330

Contact

Affordability Calculator

$7,381
Per Month
85%
15%
0%
Monthly Principal & Interest
$6,308
Monthly Property Taxes
$1,073
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4100091 Elementary School
4099274 Middle School
Washingtonville Senior High School High School
Pricing History
DatePricePrice ChangeDescription
8/21/2026$999,000 Listed Price

Map


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242 Prospect Road, Monroe, NY, 10950 is a Single Family Home for sale at $999,000 with 1,678 sqft and a lot size of 1. 242 Prospect Road has 3 bedrooms, 1.1 baths, and was built in 1980. The property's zip code is 10950 which is in Monroe, NY