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Contemporary Seven-Bedroom Residence
For Sale
$449,000

181 State Highway 37B, Massena, NY 13662

RESIDENTIAL, Contemporary, Massena, NY

Property Size8,694 SF
Lot Size2.00 Acres
Price / SF$51.64
Days on Market499
Rey
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Property Features for 181 State Highway 37B

General Information

Property type Commercial Sale
Property subtype Other
Zoning Residential
Bedrooms 7
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bedroom 6, Bathroom 5, Den, Family Room, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 6, Bedroom 7, Bathroom 3, Dining Room, Bedroom 5, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 4
Parking features Driveway, Garage - Detached, Garage
Interior features Built-in features, Kitchen isle, Modern kitchen, Natural wood, Open floor plan, Pantry, Walk-in closet(s), Wall to wall closets
Exterior features Outdoor lights
Fireplace 1
Lot features Level lot, Oversized
Directions From Massena go past Massena Hospital on Maple street toward SH 37. Home will be on the right hand side, look for sign.
Subdivision ST LAWRENCE
Standard status Active
APN 9.064-1-15.111
Size 8,694 SF
Lot size 2.00 Acres

Taxes and HOA fees

Tax Annual Amount 8100

Utilities

Utilities Cable Available
Water source Public

Building Details

Year built 1950
Floors in Building 2
Flooring type Wood floors, Hardwood, Tile, Tile - Ceramic
Building materials Vinyl siding
Roof type Metal
Architectural style Contemporary
Listing Agency: Kassian Real Estate, LLC
Listed By: Lucille Kassian · License #40KA0346866
Added: Jun 4, 2025 Changed: Sep 14 Last Checked: Oct 15 at 1:06PM
MLS# 51383

Copyright © 2026 St. Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This contemporary residence offers approximately 8,694 square feet of living space on a 2-acre lot. The layout includes 7 bedrooms, 4 full bathrooms, and 2 half bathrooms, with hardwood, tile, and some laminate flooring. The main floor features a primary bedroom and bath, a family room with a fireplace, and a large great room with dining and sitting areas. The kitchen is equipped with a 14-foot island, Kraft-Maid soft-close cabinets, quartz countertops, and a 10-burner natural gas stove, plus additional refrigeration and a commercial undercounter dishwasher with an 80-second cycle. Additional main-floor amenities include a sunroom with French doors, an oversized gym and laundry area, and walk-in closets. Upstairs adds a den and 6 more bedrooms, along with 3 remodeled bathrooms. Updates noted include windows, siding, doors, and a roof all within the last 5 years. The home is heated with natural gas and includes central air on the main floor, plus three mini-split units.

Located at 181 State Highway 37B in Massena, NY, the property sits on a substantial parcel along the state highway corridor.

For buyers seeking a larger, multi-bedroom home with dedicated recreation and entertainment areas—along with multiple updated heating and air systems—this property’s full-room configuration on the main and upper floors may fit well for extended household needs or live-in hosting space.

Key Highlights

  • Over 8,400 sq ft home on 2 acres with 7 bedrooms, 4 full bathrooms, and 2 half bathrooms
  • Kitchen features include a 14‑foot island, Kraft‑Maid soft‑close cabinets, quartz countertops, and a 10‑burner natural gas stove
  • Main‑floor primary bedroom with attached bath, plus a family room with fireplace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,676
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,520 $813.5K
Cap Rate 7%
$581,086 $581.1K
Cap Rate 9%
$451,956 $452.0K
Market Conditions
NOI Build-Up for 8,694 SF
Gross rent
$94.9K $10.92/SF
− Vacancy
−$21.0K −$2.41/SF
EGI
$74.0K $8.51/SF
− OpEx
−$33.3K −$3.83/SF
NOI
$40.7K $4.68/SF
Area
St. Lawrence County, NY
Vacancy
22.10%
Lease Rate
$10.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,520
Cap Rate 7%
$581,086
Cap Rate 9%
$451,956

Alternative Uses

Best Use
Apartment 5plus
$581.1K
$508.5K – $677.9K (±1% cap)
NOI $40,676 @ 7.0% cap · market cap 9.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M (±1% cap)
NOI $150,983 @ 7.0% cap · market cap 33.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Single family properties

Suggested Use

Top Pick Restaurant Building Supply Auto Parts Store Hair Salon Auto Repair Shop HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 13662, NY

15,814
Population
7,785
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
89%
High-School Grad
89.2 sq mi
ZIP Area
177
Density / Sq Mi
$56,987
Median Household Income
$38,535
Median Earnings
$712
Median Rent
$118,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Single family property - A sizable contemporary home with multiple bedrooms and entertainment-focused living spaces, set on two acres.
Where is this single family property located?
The property is located at 181 State Highway 37B Massena, NY.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Over 8,400 sq ft home on 2 acres with 7 bedrooms, 4 full bathrooms, and 2 half bathrooms; Kitchen features include a 14‑foot island, Kraft‑Maid soft‑close cabinets, quartz countertops, and a 10‑burner natural gas stove; Main‑floor primary bedroom with attached bath, plus a family room with fireplace
More about this property
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