48 Moore Street
About This Property
Experience unparalleled craftsmanship in this brand-new 2025 architectural masterpiece, designed for modern luxury living. Featuring an expansive open-concept layout with soaring ceilings and oversized windows, this home is bathed in natural light. The gourmet chef's kitchen boasts FABUWOOD cabinetry, SUBZERO & WOLF appliances, and a stunning island perfect for entertaining. A high-ceiling basement with private outdoor access offers endless possibilities-home gym, theater, or lounge. Elegant wide-plank hardwood floors, sleek modern finishes, smart home features, and energy-efficient upgrades, including two EV chargers, underground Sprinkler System, elevate this home's sophistication. Located in a prestigious neighborhood with top-rated Herricks schools and easy NYC access, this move-in-ready gem is a rare find!
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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 18, 2025 | Sold | ||
| Sold | |||
| Aug 7, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Price Decreased |
$2,350,000
↓ $45K
(1.9%) | |
| Price Decreased | |||
| Jun 28, 2025 | Price Increased |
$2,395,000
↑ $15K
(0.6%) | |
| Price Increased | |||
| May 1, 2025 | Price Decreased |
$2,380,000
↓ $109K
(4.4%) | |
| Price Decreased | |||
Property Highlights
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About Herricks
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017