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188 Edwards Rd
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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 25, 2026 | Sold | ||
| Sold | |||
| Jun 26, 2026 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Listed | $1,699,000 | |
| Listed | |||
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A statement of modern luxury and timeless elegance awaits in this new construction Parsippany estate. Set on 2.1 acres, this 6-bedroom, 5-bath residence spans three levels of finely crafted living, designed for both grand entertaining and everyday comfort. The home greets you with a stunning 20-foot entry foyer and a front door that feels truly fit for royalty. Inside, custom millwork, rich trim, and high-end finishes create a refined yet welcoming atmosphere. Expansive windows bathe each room in natural light, while the flowing layout seamlessly connects formal and casual spaces. The gourmet kitchen with waterfall island, spa-inspired bathrooms, and generously sized bedrooms reflect the very best of modern design. With three full floors of living, there's room for every lifestyle. The first floor also features an in law suite with a bedroom, en suite bathroom, den, and family room. This can also be used as extra living space!. Outdoors, the large trex deck opens up to your private, flat backyard, where an oasis of your dreams can be created. This is more than a home it's a lifestyle, crafted with elegance, scale, and distinction. Welcome to your new beginning in Parsippany. 10 Year Builder Warranty.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017