27
Map
880 Cliffs Drive #2
About This Property
This beautifully well maintained home in The Cliffs Resort at Possum Kingdom Lake offers the best of both worlds!
Designed for a lock-and-leave lifestyle, this low-maintenance home is tucked among mature trees with native landscaping, providing a peaceful setting where you can relax on your private wraparound deck, enjoy beautiful views, and watch the abundant wildlife. Unlike a condo, you'll appreciate the privacy of your own outdoor living space, additional parking, and the comfort of owning a detached home.
Inside, the open-concept floor plan is warm and inviting, featuring wood flooring, granite countertops, a stunning oversized gas fireplace, and abundant natural light. Recent updates include a new roof in 2023, energy-efficient windows installed in 2024, and a new dishwasher in 2025. The wraparound deck also offers convenient storage underneath, making it easy to keep your lake toys and outdoor gear organized.
Located just minutes from the marina and all of The Cliffs Resort amenities, homeowners enjoy a gated community, 36 complimentary rounds of golf each year on the championship 18 hole golf course, two community pools, tennis and pickleball courts, a fitness center, and the Chaparral Grille & Bar, where residents receive a 10% discount while enjoying one of the best lake-view patios at Possum Kingdom Lake.
Whether you're looking for a full-time residence, weekend retreat, or investment property, this home delivers the carefree lifestyle of a condo with the privacy, space, and charm of a single-family home.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 29, 2026 | Listed by Clark Real Estate Group | $499,900 | |
| Listed by Clark Real Estate Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/18/2025
| |
3 Bed
|
2 Bath
|
1729 ft²
|
$549,000
3 Bed
2 Bath
1729 ft²
|
-
-
|
Kirk Farquhar
Clark Real Estate Group
|
|
08/13/2018
| |
3 Bed
|
2 Bath
|
1729 ft²
|
$325,000
3 Bed
2 Bath
1729 ft²
|
-
04/05/2019
|
Lorin Buck
|
|
07/09/2017
| |
3 Bed
|
2 Bath
|
1729 ft²
|
-
3 Bed
2 Bath
1729 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017