35059 KINDLETON LANE
About This Property
This thoughtfully designed floor plan offers true multigenerational living with 2 bedrooms and 2 full baths in the main home plus a connected private 1‑bed, 1‑bath Next Gen suite complete with its own entrance, kitchenette, and washer/dryer. It's an ideal setup for year‑round rental income, extended‑stay guests, independent living for a family member, or simply giving your favorite child their own space.
The main home features an open‑concept living area anchored by a striking dual‑sided fireplace that creates a seamless indoor/outdoor connection and frames peaceful water views. Modern finishes, a spacious 3‑car tandem garage, and a screened porch overlooking the pond make everyday living feel relaxed and elevated.
While Kindleton doesn't have a stereotypical clubhouse, don't let that fool you - this is one of the most active, welcoming, and laid‑back communities in the area. Residents regularly organize block parties, progressive suppers, book clubs, group trips to Longwood Gardens, and countless other neighbor‑driven events that give the neighborhood its warm, connected feel.
Located just minutes from Lewes beaches, shopping, and dining, this home offers a rare blend of comfort, versatility, and waterfront tranquility in a community that truly feels like home.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017