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7 Layne Way
About This Property
The heart of the home is the open-concept kitchen, featuring newer high-end appliances, abundant workspace, and a seamless flow into the spacious dining room-perfect for everything from casual meals to holiday gatherings. Hardwood flooring flows throughout much of the home, adding warmth and timeless character. The spacious and versatile floor plan also includes a welcoming den complete with a cozy fireplace and a built-in coffee/wet bar, creating the ideal setting for relaxing evenings or entertaining guests.
A thoughtfully designed enclosed porch expands the living area and provides a bright, inviting space to enjoy throughout the seasons. Andersen windows throughout the home enhance energy efficiency while filling the interior with natural light. Step outside to an expansive deck overlooking a private backyard, where a built-in hot tub creates your own backyard retreat-perfect for relaxing, entertaining, or enjoying peaceful evenings under the stars.
Additional highlights include an efficient gas heating system, generous room sizes, abundant storage, including a two-level garage, and meticulous maintenance throughout the home, reflecting years of exceptional care and attention.
Conveniently located just minutes from the vibrant waterfront Village of Northport, with its acclaimed restaurants, boutique shopping, parks, beaches, marinas, golf courses, and easy access to major roadways and the LIRR, 7 Layne Way offers the perfect combination of privacy, convenience, and exceptional quality.
Combining spacious living, thoughtful updates, outstanding outdoor amenities, and an unbeatable location, this meticulously maintained home presents a rare opportunity to own a truly exceptional property in one of Northport's most sought-after neighborhoods.
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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 |
|---|---|---|---|
| Sep 14, 2026 | Sold | ||
| Sold | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by All New York Property LLC | $868,000 | |
| Listed by All New York Property LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017