49 KENMARE WAY
About This Property
Offering over 4,600 square feet of exquisitely designed living space, this 4-bedroom, 3.5-bath home in desirable Kinsale Glen sits on a large, private cul de sac lot backing to a serene wooded backdrop. Step inside to find a light-filled open layout highlighted by soaring vaulted ceilings, bright skylights, beautiful hardwood floors, and a stone fireplace in the living room. The chef's kitchen serves as the heart of the home, featuring upgraded white cabinetry, an oversized center island, granite & countertops, tile backsplashes, and stainless steel appliances. The main floor primary suite is a true retreat, complete with an expansive walk-in closet and a spa-inspired primary bath.
Designed for effortless entertaining and everyday comfort, the fully finished walk-out basement features a massive great room, full bath, additional bedroom, and a flex space that could easily be converted into a kitchenette - making it ideal to serve as a private, built-in in-law suite. Outside, exceptional multi-level outdoor living awaits: unwind on the upper screened porch with retractable shades or the adjoining deck overlooking the trees, then head down to the lower level to the expansive custom flagstone patio featuring a built-in stone fire pit. Complete with an oversized garage with epoxy flooring and built-in storage solutions, this home offers peace, privacy, and endless coastal charm just minutes from everything Rehoboth Beach has to offer. Call Today!
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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 |
|---|---|---|---|
| Sep 20, 2026 | In contract | - | |
| In contract | |||
| Aug 28, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $1,199,900 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Nov 5, 2012 | Sold | ||
| Sold | |||
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About Sussex
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017