Upgraded Single-Family Ranch
For Sale
$379,000
12765 Woodside Drive, Cedar Lake, IN 46303
SINGLE_FAMILY - Cedar Lake, IN
Property Size1,693 SF
Lot Size0.16 Acres
Price / SF$223.86
Days on Market56
Property Features for 12765 Woodside Drive
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Rooms
Dining Room, Den, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Laundry Room, Bathroom 2
Parking features
Open
Patio and Porch features
Patio, Porch
Interior features
Ceiling Fan(s), Walk-In Closet(s), Kitchen Island, Eat-in Kitchen
Appliances
Dryer, Water Softener Owned, Washer, Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher
Subdivision
Oak Brook
Lot features
Back Yard, Sprinklers In Rear, Sprinklers In Front, Front Yard
Directions
From US 231, Head south on US 41. Turn left onto W129th Ave. Left onto Oakbrook Way. Right onto W128th. Left onto Woodside Dr. Home will be on your right.
Standard status
Active
APN
451521105017000014
Size
1,693 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Oak Brook Phase 2 Lot 71 Ex. S.44.98ft.
HOA Fee
$1,800 Annually
Legal Description
Oak Brook Phase 2 Lot 71 Ex. S.44.98ft.
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
2025
Floors in Building
1
Listing Agency:
Realty Executives Premier · Realty Executives International
(219) 462-2224
Listed By:
Tina Lopez · License #RB18002168
(708) 670-7658
Added: Jun 23
Changed: Aug 10
Last Checked: Aug 17 at 5:06AM
MLS# 841150
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 one-year-old ranch villa is move-in ready with an open-concept layout designed for everyday living and entertaining. The kitchen includes a large center island and quality cabinetry, flowing into the dining area and great room for a connected, bright feel. The primary suite offers a generous walk-in closet and an en-suite bath, while a second bedroom and a full bath provide flexible space for guests or a home office.
The home includes upgrades already in place, including window treatments, a water softener, a reverse osmosis system, and a professionally finished garage floor. Outdoors, enjoy a covered patio with no rear neighbors.
Located in a completed neighborhood that supports maintenance-free living, the property is available now at 12765 Woodside Drive in Cedar Lake, Indiana.
The home includes upgrades already in place, including window treatments, a water softener, a reverse osmosis system, and a professionally finished garage floor. Outdoors, enjoy a covered patio with no rear neighbors.
Located in a completed neighborhood that supports maintenance-free living, the property is available now at 12765 Woodside Drive in Cedar Lake, Indiana.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,978
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$299,560
$299.6K
Cap Rate 7%
$213,971
$214.0K
Cap Rate 9%
$166,422
$166.4K
Market Conditions
NOI Build-Up for 1,693 SF
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.
Gross rent
$28.8K $17.04/SF
− Vacancy
−$1.6K −$0.95/SF
EGI
$27.2K $16.09/SF
− OpEx
−$12.3K −$7.24/SF
NOI
$15.0K $8.85/SF
Area
Lake County, IN
Vacancy
5.60%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$299,560
Cap Rate 7%
$213,971
Cap Rate 9%
$166,422
Alternative Uses
Best Use
Apartment 5plus
$214.0K
$187.2K – $249.6K
NOI $14,978 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$472.6K
$413.5K – $551.4K
NOI $33,083 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Explore this area
Business Placement
Demographics for 46303, IN
17,028
Population
6,922
Households
2.5
Avg Household Size
39
Median Age
24%
College-Educated
95%
High-School Grad
28.8 sq mi
ZIP Area
591
Density / Sq Mi
$78,659
Median Household Income
$43,217
Median Earnings
$1,197
Median Rent
$271,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - One-year-old ranch villa with open-concept living, upgraded systems, and a covered patio backing to no rear neighbors.
Where is this single family property located?
The property is located at 12765 Woodside Drive Cedar Lake, IN.
What is the asking price?
The asking price for this property is $379,000.
