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133 NE Vollum Road NE
About This Property
Lot #5 offers a rare opportunity to build directly on the waterfront within Lakeview Estates at Historic Madison Barracks in Sackets Harbor, New York.
Located on the waterfront of Lakeview Estates this distinctive homesite features approximately 96 feet of waterfront, placing the waters of Lake Ontario immediately outside your future home.
Imagine beginning the morning overlooking the water, watching boats pass through the Black River Bay and ending the day surrounded by the changing colors and quiet sounds of the lake. It is a setting where the waterfront isn't simply something you can see-it becomes part of everyday life.
The property combines the opportunity for new construction with a location surrounded by the remarkable history and character of Madison Barracks. Just minutes away is the historic Village of Sackets Harbor, with its restaurants, shops, marina, waterfront and community amenities.
For those looking to design a year-round residence, seasonal retreat or distinctive waterfront home, 133 Vollum- Lot #5 provides something increasingly difficult to find: vacant waterfront property within an established and historically significant residential setting.
Build something uniquely your own while becoming part of the continuing story of Madison Barracks.
96 FEET OF WATERFRONT • LAKE ONTARIO • HISTORIC MADISON BARRACKS • SACKETS HARBOR
Lakeview Estates - where thoughtful design and natural beauty come together to create something greater than either one alone.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2026 | Listed by Great Lakes Realty LTD | $275,000 | |
| Listed by Great Lakes Realty LTD | |||
| Jul 31, 2026 | Price Decreased |
$295,000
↓ $55K
(15.7%) | |
| Price Decreased | |||
| Nov 4, 2025 | Price Increased |
$350,000
↑ $25K
(7.7%) | |
| Price Increased | |||
| Aug 9, 2025 | Price Decreased |
$324,900
↓ $25K
(7.2%) | |
| Price Decreased | |||
| Jun 5, 2025 | Listed by Owner Entry.com | $350,000 | |
| Listed by Owner Entry.com | |||
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One of the last 7 waterfront lots for sale in beautiful historical town of Sackets Harbor N.Y. With breathtaking views of sunsets, Lake Ontario, and Black River Bay. Within walking distance to downtown Sackets Harbor with Fine waterfront dining and quaint shops. A 10 minute drive to Watertown shopping district with all your corporate retailers like Walmart, Sam's Club, Home Depot, etc. 35-45 minutes to Clayton and Alexandria Bay, the heart of Thousand Island Region, which hosts many historic castles and beautiful scenery. If you enjoy boating, kayaking, paddle boarding, and fishing this would be perfect for you. This .56 acre lot already has approvals for a single family home, has sewer, water, and electric hook ups already on site. Custom options to build available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017