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Paired Cottage Home with Sun Room

13833 Nantucket Drive Cedar Lake, IN 46303

13833 Nantucket Drive, Cedar Lake, IN, 46303
$329,900
Pending
For Sale
$329,900
Pending

SINGLE_FAMILY - Cedar Lake, IN

Property Size1,794 SF
Lot Size0.14 Acres
Days on Market36

Property Features for 13833 Nantucket Drive

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Laundry Room, Bathroom 1, Bedroom 1, Kitchen, Bedroom 2
Interior features
Vaulted Ceiling(s)
Appliances
Dryer, Washer, Refrigerator, Gas Range, Dishwasher
Standard status
Pending
APN
451527338009000014
Size
1,794 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
BEACON POINTE UNIT 2 N.47.34FT OF LOT 65
Tax Annual Amount
3324

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
2019
Floors in Building
1
Listing agency Realty Executives Premier
Listed by Jason Utesch
Added: Jun 16 Updated: Jul 18 at 1:40AM Checked: Jul 21 at 12:06PM
MLS# 840741

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained paired cottage home features a thoughtfully designed layout with 2 bedrooms and 2 baths. Inside, hardwood flooring and vaulted ceilings add character and height, while natural light fills the main living areas. The kitchen includes a peninsula with seating and a bright breakfast nook, opening directly to the spacious family room.

The primary suite offers a walk-in closet and a private bath. A second bedroom sits near a full guest bath. French doors lead to a versatile bonus room that can function as a home office, den, craft room, or a potential third bedroom. Additional space includes a sun room, and the home also offers a rear patio for outdoor relaxation.

Located at 13833 Nantucket Drive in Cedar Lake, Indiana, this paired home is designed for low-maintenance living while still providing flexible interior space.

Key Highlights

  • 2019‑built paired cottage home with 2 bedrooms and 2 bathrooms
  • Vaulted ceilings and hardwood flooring plus an abundance of natural light
  • Kitchen with peninsula seating and bright breakfast nook opening to the family room

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $26.9k $15.00
− Vacancy −$1.4k −$0.80
EGI $25.5k $14.20
− OpEx −$7.6k −$4.26
NOI $17.8k $9.94
1,794 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$254.8K
$222.9K – $297.3K (±1% cap)
NOI $17,835 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$226.7K
$198.4K – $264.5K (±1% cap)
NOI $15,872 @ 7.0% cap · market cap 4.81%
Theoretical Best
Specialty Retail
$500.8K
$438.2K – $584.3K (±1% cap)
NOI $35,057 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Law Firm Electrical Service Hair Salon Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Barber Shop Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained paired cottage offers 2 bedrooms, 2 baths, hardwood flooring, vaulted ceilings, and a sun room.
Where is this duplex located?
The property is located at 13833 Nantucket Drive Cedar Lake, IN.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 2019‑built paired cottage home with 2 bedrooms and 2 bathrooms; Vaulted ceilings and hardwood flooring plus an abundance of natural light; Kitchen with peninsula seating and bright breakfast nook opening to the family room
Contact an agent
More about this property
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