26
Map
$849,000
●
House -
In Contract
1161 Ott Lane
Hempstead, NY 11566
4 Beds
2 Baths
1,406 Ft²
$5,374
Est. Monthly
About This Property
Welcome to this beautifully updated 4-bedroom, 2-bath Expanded
Ranch, situated on a picturesque tree-lined street in the heart of
Merrick.
Rich in timeless charm and custom craftsmanship, this inviting home showcases elegant wainscoting, detailed millwork, crown moldings, and beautiful hardwood floors. The thoughtfully designed main level features a spacious living room, formal dining room with a tray ceiling, and a beautifully remodeled kitchen with quartz countertops, white cabinetry, stainless steel appliances, and breakfast seating. An inviting den with a wood-burning fireplace, four bedrooms, and two full baths complete the main level.
The finished basement offers additional space for entertaining, recreation, and storage. Outdoors, the beautifully landscaped, private backyard features an expansive paver patio and built-in BBQ, creating a wonderful setting for outdoor entertaining and relaxation.
Combining timeless character, modern updates, and impressive indoor and outdoor living spaces, this exceptional home presents a truly special opportunity in Merrick.
Rich in timeless charm and custom craftsmanship, this inviting home showcases elegant wainscoting, detailed millwork, crown moldings, and beautiful hardwood floors. The thoughtfully designed main level features a spacious living room, formal dining room with a tray ceiling, and a beautifully remodeled kitchen with quartz countertops, white cabinetry, stainless steel appliances, and breakfast seating. An inviting den with a wood-burning fireplace, four bedrooms, and two full baths complete the main level.
The finished basement offers additional space for entertaining, recreation, and storage. Outdoors, the beautifully landscaped, private backyard features an expansive paver patio and built-in BBQ, creating a wonderful setting for outdoor entertaining and relaxation.
Combining timeless character, modern updates, and impressive indoor and outdoor living spaces, this exceptional home presents a truly special opportunity in Merrick.
Unit Size
1,406 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$604
Property Type
House
Property Taxes
$1,204
HOA Dues
-
Year Built
1952
Listed By
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 days ago (OneKey MLS #KEY1065315)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2026 | In contract | - | |
| In contract | |||
| Oct 21, 2026 | Listed by Douglas Elliman Real Estate | $849,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Mar 8, 1995 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway
Interior Details
Full Bathrooms: 2
Interior Features: Crown Molding, Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Storage, Tray Ceiling(s), Walk-In Closet(s), First Floor Bedroom, First Floor Full Bath, Formal Dining, Quartz/Quartzite Counters
Appliances: Dishwasher, Gas Oven, Microwave, Refrigerator, Stainless Steel Appliance(s), Gas Water Heater
Flooring Type: Wood
Rooms: 8
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Basement: Finished, Storage Space, Walk-Out Access
Exterior Details
Square Footage: 1406
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1952
Building Area Total: 2193
Building Area Units: Square Feet
Construction Materials: Stone, Vinyl Siding
Patio and Porch Features: Patio
Lot Size Area: 6100
Lot Size Units: Square Feet
Lot Size Acres: 0.14
Lot Size Square Feet: 6100
Water Source: Public
Financial Details
Tax Assessed Value: $477
Tax Annual Amount: $14,453
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Last Updated: 2 days ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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