2002 Mockingbird Bend #B8
About This Property
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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%.
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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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| May 2, 2026 | Price Decreased |
$492,030
↓ $5K
(1%) | |
| Price Decreased | |||
| Jan 21, 2026 | Listed by The Brokerage Residential LLC | $497,000 | |
| Listed by The Brokerage Residential LLC | |||
| |||
|
Nestled within the highly desirable Gaines Bend community on Possum Kingdom Lake, this fully furnished 3-bedroom, 2-bath waterfront condo offers an effortless blend of comfort, space, and lake-focused living. Positioned as a bottom-level end unit, the home captures sweeping, unobstructed lake views that stretch across the water and create a constant connection to the outdoors.
The kitchen anchors the home, flowing seamlessly into a generous living and dining area designed for gathering, entertaining, or simply relaxing after a day on the lake. Large windows draw natural light into the space while framing picturesque views of the shoreline and open water beyond.
Step outside to the covered patio, an ideal vantage point for morning coffee, sunset evenings, and watching the steady rhythm of boating activity pass below. Each condo owner enjoys access to a dedicated covered boat slip, with tram access providing easy transportation between the residence and the marina—making spontaneous lake days a way of life.
Located within a gated waterfront community, the property also offers covered parking, along with close proximity to a private marina and boat ramp. Whether used as a full-time residence, weekend escape, or lock-and-leave lake retreat, this condo delivers the ease and enjoyment of Possum Kingdom Lake living at its finest.
| |||
| Apr 15, 2020 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/21/2026
|
3 Bed
|
2 Bath
|
1464 ft²
|
$497,000
3 Bed
2 Bath
1464 ft²
|
$483,000
-2.82%
05/29/2026
|
Linda Fewell
Berkshire HathawayHS Pondera
| |
|
01/27/2023
|
2 Bed
|
-
|
1280 ft²
|
$459,900
2 Bed
-
1280 ft²
|
$440,000
-4.33%
02/28/2023
|
Scott Dennett
Coldwell Banker Realty
| |
|
01/04/2023
|
2 Bed
|
-
|
1280 ft²
|
$389,000
2 Bed
-
1280 ft²
|
$370,000
-4.88%
06/22/2023
|
Keith Hanssen
Possum Kingdom Real Estate
| |
|
10/28/2021
|
2 Bed
|
-
|
1280 ft²
|
$300,000
2 Bed
-
1280 ft²
|
$300,000
12/17/2021
|
John Morris
Possum Kingdom Real Estate
| |
|
03/01/2020
|
3 Bed
|
-
|
1464 ft²
|
$299,500
3 Bed
-
1464 ft²
|
$299,500
04/15/2020
|
Jackie Fewell
Berkshire HathawayHS Pondera
| |
|
06/19/2018
| |
2 Bed
|
2 Bath
|
1280 ft²
|
-
2 Bed
2 Bath
1280 ft²
|
-
-
|
-
|
|
07/09/2017
| |
2 Bed
|
2 Bath
|
1280 ft²
|
-
2 Bed
2 Bath
1280 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017