116 Newell Ave, Old Hickory, TN 37138
116 Newell Ave, Old Hickory, TN 37138, Active at $380,000 ($194/sq ft). 4 bd · 4 ba · 1,959 sqft · $194/sqft · 0.13 ac.
116 Newell Ave, Old Hickory, TN 37138, Active at $380,000 ($194/sq ft). 4 bd · 4 ba · 1,959 sqft · $194/sqft · 0.13 ac.
Active · $380,000
MLS #3598595 · listed September 24, 2026 · 17 days on market · updated September 28, 2026
4-bed, 4-bath home at 116 Newell Ave in Rayon City, Old Hickory, 1,959 sqft, $380,000 ($194/sqft), by Benchmark Realty.
116 Newell Ave is a 4-bedroom, 4-bath home in Old Hickory, TN 37138, offered at $380,000, about $194/sq ft across 1,959 sq ft.
At $194/sq ft, this home is about 18% below the Old Hickory 37138 median list price per square foot of $238.
Market read: the Rayon City market is balanced, at about 5.3 months of inventory.
All-in, about $2,620/mo at 20% down (7.48% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $499/mo, roughly 19% of the all-in monthly payment.
At the current 7.48% 30-year rate, principal and interest on this home runs about $2,121/mo; at the 6.64% rate of about three months ago it would be roughly $1,950/mo, so monthly P&I is about $171 higher now.
School zone: assigned to DuPont Elementary, DuPont Hadley Middle, McGavock Comp High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 116 Newell Ave (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of September 28, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Old Hickory.
Completely renovated and move-in ready, this home offers the perfect blend of modern upgrades and flexible living space. Featuring 4 bedrooms and 4 full bathrooms, the layout includes two potential primary suites, each with its own full bathroom and beautifully finished tile shower, ideal for multi-generational living or added privacy. The kitchen has been fully updated with granite countertops and brand-new stainless steel appliances, opening into a functional eat-in space perfect for everyday living and entertaining. Every bathroom in the home has been upgraded with custom tile showers, giving a consistent, high-end feel throughout. Additional improvements include all-new interior paint, a new roof, a new driveway, updated flooring, and fresh finishes throughout. With nearly 2,000 square feet all on one level, this home provides a spacious and practical layout with a clean, modern design from top to bottom. Located in Old Hickory with convenient access to Nashville, this is a rare opportunity to own a fully renovated home with multiple suite options and true turnkey condition.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 116 Newell Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $380,000 | -$10,000 (-2.6%) | |
| Listed | $390,000 |
Listed September 24, 2026, this listing has been on the market 17 days as of October 11, 2026. The price has been reduced once, from $390,000 to $380,000 (-2.6%), most recently on September 28, 2026.
Estimated monthly ownership for 116 Newell Ave at $380,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $380,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 116 Newell Ave is about $2,620/mo, 20% down on a 30-year fixed at 7.48% (a conforming loan), including principal & interest $2,121, estimated property tax $220, homeowners insurance $279. Estimate only; not a loan offer.
| Principal & interest | $2,121/mo |
|---|---|
| Property tax (est.) | $220/mo |
| Homeowners insurance (est.) | $279/mo |
| Estimated total | $2,620/mo |
Assumes 20% down, 30-year fixed at 7.48% (Mortgage News Daily, as of October 9, 2026). Property tax uses the Davidson County General Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.48% | $1,917/mo | $2,416/mo | -$204/mo |
| 6.98% | $2,018/mo | $2,517/mo | -$103/mo |
| 7.48% | $2,121/mo | $2,620/mo | current |
| 7.98% | $2,226/mo | $2,725/mo | +$105/mo |
| 8.48% | $2,333/mo | $2,832/mo | +$212/mo |
Principal & interest on a 30-year fixed at 20% down ($304,000 loan), with property tax, insurance held constant at $499/mo. Current 30-year fixed 7.48% (Mortgage News Daily, as of October 9, 2026). Estimate only; not a loan offer.
Owning 116 Newell Ave runs about $2,620/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
| Metric | This home | Old Hickory 37138 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $194 | $234 median | - |
| Price position | 18th pctile | -17% vs median | - |
This listing beside the active Old Hickory 37138 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 11, 2026.
At $194/sq ft, this home ranks in the 18th percentile of the 164 active homes in Old Hickory 37138 by price per square foot.
Computed by Grant Hammond from 164 Old Hickory 37138 comparables (Realtracs via IDX), as of October 11, 2026, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Hillsboro | $460/sq ft |
| Stratford | $369/sq ft |
| Pearl-Cohn | $318/sq ft |
| Maplewood | $317/sq ft |
| Glencliff | $282/sq ft |
| James Lawson | $273/sq ft |
| John Overton | $263/sq ft |
| McGavock | $236/sq ft |
| Hunters Lane | $233/sq ft |
| Whites Creek | $233/sq ft |
| Cane Ridge | $220/sq ft |
| Antioch | $212/sq ft |
Computed by Grant Hammond from active Davidson County listings (Realtracs via IDX).
| Active listings | 7 in Rayon City |
|---|---|
| Recent absorption | about 1.3 sales / mo |
| Months of inventory | 5.3 months, a balanced market |
Supply-side and recent-sale context for Rayon City. Sale figures are trailing 6/12/24-month medians of recorded Rayon City closings. Source Realtracs via IDX, as of September 24, 2026.
116 Newell Ave sits in Rayon City, Old Hickory, Davidson County.
In Old Hickory 37138, homes there are priced around $238 per square foot; inventory in Rayon City is running at about 5.3 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of September 30, 2026.
Approximately 9.9 miles from downtown Nashville (straight-line distance).
116 Newell Ave is zoned for DuPont Elementary, DuPont Hadley Middle, McGavock Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 116 Newell Ave - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 116 Newell Ave, by price and size.
Listed with Benchmark Realty. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
August 2026 Nashville housing market: inventory up 10% to 14,294 homes, supply at 5.59 months, average price up 3% to $637,141. What it means for buyers.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
Brentwood does not price as one market. Over the trailing 24 months, the new-construction enclaves Rosebrooke (about $3.74M median) and Witherspoon (about $3.33M) price above the established gated golf community at Governors Club (about $2.35M), against a townwide median near $1.58M. A Nashville broker's subdivision-level read for summer 2026 with live listings.
June 2026 Middle Tennessee real estate data shows the average sale price up 7% year over year to $682,835, active inventory up 8%, and new contracts up 12% even as closings fell 4% and new listings dropped 16%. Months of supply rose to 4.8. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (September 28, 2026), 116 Newell Ave, Old Hickory is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
116 Newell Ave was listed on September 24, 2026 and has been on the market 17 days as of October 11, 2026.
Yes. It was first listed at $390,000. The price has been reduced once, most recently to $380,000 on September 28, 2026, a total change of -2.6%.
116 Newell Ave, Old Hickory is listed at $380,000, about $194 per square foot across 1,959 square feet.
4 bedrooms and 4 bathrooms.
About $194 per square foot ($380,000 across 1,959 sqft).
116 Newell Ave, Old Hickory was built in 1930.
No garage is reported in the listing.
No HOA dues are reported for this home.
116 Newell Ave, Old Hickory is in the Rayon City subdivision of Old Hickory.
About $2,620 a month with 20% down on a 30-year fixed at 7.48%, principal and interest $2,121, estimated property tax $220, insurance $279. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
116 Newell Ave, Old Hickory is zoned for DuPont Elementary, DuPont Hadley Middle, McGavock Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 116 Newell Ave, Old Hickory is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $194 per square foot, 116 Newell Ave, Old Hickory ranks in the 17th percentile of active Old Hickory 37138 listings by price per square foot, roughly 18% below the Old Hickory 37138 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Rayon City market is currently balanced, at about 5.3 months of inventory, per Realtracs as of September 24, 2026.
Thinking of selling in Rayon City?
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