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119 Casey Lane
About This Property
Designed for relaxed full-time or weekend living, the open-concept home features an oversized living room with room for generous seating, plus a spacious kitchen with gas range, abundant cabinetry & pantry storage. The primary suite offers double closets, a large walk-in tile shower & jetted tub. Extra closets, built-ins & a spacious laundry room make lake living even easier.
Step outside and this property really shines. Morning coffee, sunset drinks & lake days start right here on the wraparound deck and covered patio overlooking the water. The level fenced yard features underground sprinklers supplied by lake water, while the asphalt driveway provides plenty of parking and extends all the way to the waterfront for easy dock access.
The separate lake view guesthouse, included in the total square footage, has a half bath & wet bar-perfect for overnight guests, a game room or private retreat. The insulated drive-through shop offers plenty of room for boats, vehicles, lake toys & projects, with a separate shed for lawn equipment.
A 2024 TPO roof adds energy efficiency, and a new water heater was installed in 2026. Water depth was approximately 13.5 ft. at the dock when listed and approximately 16 ft. when the lake is full. Dock & walkway need minor improvements and are sold as-is.
Bring the boat, invite the family and start making memories at Possum Kingdom Lake!
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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 14, 2026 | Listed by RE/MAX Elite Group | $1,300,000 | |
| Listed by RE/MAX Elite Group | |||
| Mar 13, 2020 | Sold | ||
| Sold | |||
| Dec 4, 2019 | Listed by Bonita Realty Team | $699,000 | |
| Listed by Bonita Realty Team | |||
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Lakefront Jewel!!!! Don't miss out on this Lake Retreat that has it all! Enjoy the peace and tranquility in this 3 bedroom 2 Bath home with a spectacular view of Beautiful Possum Kingdom Lake. Relax on the wrap around porch, on the great dock with party deck, or do some fishing on your own peir. Oversized water frontage offers you privacy as well as plenty of room for gatherings. What you have your own personal boat ramp, fantastic Game room, a huge metal shop and much more. This one is a must see and is priced to Sell!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017