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48 Kendall Drive NE
About This Property
The open-concept first floor is filled with natural light from oversized windows, creating a bright and inviting atmosphere. A gourmet kitchen features premium finishes, a large center island with seating for six, and flows seamlessly into the main living and dining areas--perfect for everyday living and entertaining. An additional flexible room with a private side entrance offers endless possibilities as a home office, guest suite, or extra bedroom. Elegant wood staircase treads lead to the second floor, where you'll find three generously sized bedrooms, a convenient laundry room, and a beautifully appointed full bathroom. The finished attic provides additional versatile space with finished flooring, ideal for storage, a playroom, home office, or recreation area.
Outside, enjoy a spacious backyard designed for relaxation and entertaining. This exceptional home offers the perfect blend of privacy, comfort, and modern convenience. Possible M/D set up with 2 private entrances.
Now is the perfect time to personalize select finishes and make this home uniquely yours. Conveniently located near NYC bus, train, and ferry transportation, Kennedy Park, and the Sayrebrook ShopRite Plaza, this home combines luxury living with an unbeatable location.
Don't miss this rare opportunity to own a brand-new custom home in the heart of Parlin!
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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 |
|---|---|---|---|
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Jul 12, 2026 | Price Decreased |
$725,000
↓ $24K
(3.2%) | |
| Price Decreased | |||
| Jun 3, 2026 | Listed by RE/MAX Central | $749,000 | |
| Listed by RE/MAX Central | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017