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122 Old South Drive
About This Property
The classic brick exterior, stately columns, & circular driveway create impressive curb appeal. Inside, generous living spaces accommodate both daily life & entertaining. Two distinct living rooms, each featuring a built-in electric fireplace, provide versatile areas for relaxing, welcoming guests, or creating a media room, home office, or hobby space.
The well-appointed kitchen connects naturally with the adjoining living & dining areas, creating a comfortable atmosphere for family meals & gatherings. Custom trim, raised-panel wainscoting, & updated finishes highlight the home's craftsmanship & enduring charm.
The inviting primary suite provides a private retreat, while four additional bedrooms offer options for guests, a home office, or other needs. Updated bathrooms & a renovated laundry room bring added style & everyday functionality.
Enjoy outdoor living in the improved backyard, complete with a new Trex deck & custom paver patio overlooking the spacious grounds. There's ample room for outdoor dining, entertaining, or relaxing while taking in the peaceful surroundings. Explore the extensive updates, including freshly shampooed carpet.
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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 |
|---|---|---|---|
| Aug 2, 2026 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Jul 2, 2026 | Price Decreased |
$699,000
↓ $26K
(3.6%) | |
| Price Decreased | |||
| Jun 8, 2026 | Listed by Keller Williams Realty Nville | $725,000 | |
| Listed by Keller Williams Realty Nville | |||
| Jun 20, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | Listed by The Property Group 850 Inc | $599,999 | |
| Listed by The Property Group 850 Inc | |||
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Beautiful colonial 5 bedroom 3 1/2 bath home located in the sought after Ashley Place subdivision in north Crestview. Pulling in the circle drive you will notice the stately columns and grand elevation. The newly installed wood look tile floors that cover the majority of the home are eye catching. Custom trim, custom raised panel wainscoting, and window casing are just some of the features that are immediately noticable. From the formal dining room to the back living room open to the kitchen you will right away envision entertaining friends and family with plenty of room to spare. The kitchen has been carefully updated with new cabinets, countertops, and back splash. The main living features a fireplace with updated top quaility insert and custom mantle. The secondary living room is a perfect family hang out spot with custom entertainment center with another high quality fireplace insert and a half bath. The formal dining room is stand out with custom trim features and storage. The Master retreat is downstairs and massive including plenty of room for oversized furniture, lots of closet space, and a spa like bathroom. Upstairs you will find three bedrooms with great closet space and two updated bathrooms. The attic has been customized with shelving for maximum storage and organization. The garage is currently set up as a craftsman's dream with shelving and space for woodworking. This home sits on one acre. Curb appeal is not lacking on this property. The front yard and circle drive are just beautiful. The back yard is fenced in but still allows views of the nature behind. Often deer come to the edge of the fence for a peek.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017