124 LAYTON DRIVE
About This Property
Upon entry, you're welcomed by a dramatic 15-foot foyer and a gracious oversized staircase leading to the main living level. This ground level maintains a large conditioned space, several storage areas and access to the two car garage. The main level is nothing short of showstopping. The open-concept living, dining, and kitchen space is truly breathtaking. With a kitchen outfitted in only the finest of finishes like paneled Thermador appliances, 36" gas range, dual temp wine fridge, custom range vent hood, pantry and large island with ogee edge quartz surfaces – even I would want to learn to cook! The kitchen seamlessly flows into the living space with a gas fireplace, floor to ceiling windows and french doors opening to the pool and deck space. Just off the living and kitchen is the graciously sized dining area. The opposite side of the home maintains the primary suite on this level with two closets, an ensuite with limestone floor and shower surround, and soaking tub with access to the pool. This level also has a half bath with designer wallpaper and a convenient door with direct access to the pool so those wet footsteps aren't traipsing through the entire home. The third level continues to impress with a warm and inviting den space featuring custom seagrass wallpaper- perfect for an additional living space. There is a primary suite just off this space with vaulted ceiling and access to a balcony overlooking the pool and canal. On the other side of the home there is a third primary with vaulted ceilings and ensuite– yup, three primary bedrooms with ensuites, so no more fighting! This level also maintains two additional bedrooms with access to a balcony and sharing a hall bath with designer tile. A laundry room with custom cabinetry and quartz surfaces round this level off as you head up to the roof deck. With a view of the sunsets, canal, and ocean – this roof is polished off with water, electric and gas hookup. The home has several thoughtful designer touches such as gas lanterns that adorn either side of the custom stained mahogany entry door, designer wallpaper throughout, color matched exterior paint and coordinating garage doors, exterior storage, two private outdoor showers, landscaping with hardscaped patio and brand new bulkhead and dock on a lot and a half. This isn't just a home. It's a rare coastal masterpiece-and an opportunity that truly may only come once.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2026 | Sold | ||
| Sold | |||
| Dec 27, 2025 | In contract | - | |
| In contract | |||
| Dec 13, 2025 | Listed by Monument Sotheby's International Realty | $3,595,000 | |
| Listed by Monument Sotheby's International Realty | |||
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017