Single-Level Residential Income
For Sale
$295,000
398 Golden Oak Drive, Crown Point, IN 46307
Residential, Crown Point, IN
Property Size1,670 SF
Lot Size0.17 Acres
Price / SF$176.65
Days on Market11
Property Features for 398 Golden Oak Drive
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Kitchen, Laundry Room, Bedroom 1, Bathroom 2
Parking features
Garage, Open
Patio and Porch features
Patio, Porch
Interior features
Cathedral Ceiling(s), Walk-In Closet(s), Open Floorplan, Eat-in Kitchen, Entrance Foyer, Ceiling Fan(s)
Appliances
Dryer, Washer, Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher
Subdivision
Oak View Estates
Lot features
Landscaped
Elementary school district
Crown Point
Middle school district
Crown Point
High school district
Crown Point
Directions
231 to E 113th Ave. East on # 113th Ave to S. Madison St North on S. Madison St. to Golden Oak Drive. East on golden Oak Drive to Property
Standard status
Active
APN
451609257004000042
Size
1,670 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OAK VIEW ESTATES S PT OF LOT 8
Tax Annual Amount
2865
Legal Description
OAK VIEW ESTATES S PT OF LOT 8
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
2003
Floors in Building
1
Listing Agency:
McColly Real Estate
(219) 322-5508
Listed By:
Renee Egnatz · License #227267792
(219) 808-7337
Added: Oct 3
Changed: Oct 7
Last Checked: Oct 13 at 5:06AM
MLS# 846287
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 1,670-square-foot ranch-style half duplex, built in 2003, places three bedrooms and two full bathrooms on one level. Interior features include a vaulted-ceiling family room opening to a patio, an eat-in kitchen, and a primary suite with a walk-in closet and private bath. French doors distinguish the third bedroom, while the laundry room and attached two-car garage add functional space. The 0.17-acre lot also includes a porch, and appliances include a washer, dryer, refrigerator, microwave, gas range, and dishwasher.
The home is in Crown Point, about 1 mile from the historic Crown Point Square and within walking distance of the Crown Point Sports Complex. The Erie-Lackawanna Trail is 1.5 miles away, and I-65 is minutes from the property. The residence is served by Crown Point Community Schools and has public water and sewer. There are no HOA fees.
The home is in Crown Point, about 1 mile from the historic Crown Point Square and within walking distance of the Crown Point Sports Complex. The Erie-Lackawanna Trail is 1.5 miles away, and I-65 is minutes from the property. The residence is served by Crown Point Community Schools and has public water and sewer. There are no HOA fees.
Key Highlights
- 1,670‑square‑foot half duplex with three bedrooms and two full baths
- Single‑level layout with vaulted‑ceiling family room and patio access
- Attached two‑car garage; property sits on a 0.17‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,775
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,500
$295.5K
Cap Rate 7%
$211,071
$211.1K
Cap Rate 9%
$164,167
$164.2K
Market Conditions
NOI Build-Up for 1,670 SF
Gross rent
$28.5K $17.04/SF
− Vacancy
−$1.6K −$0.95/SF
EGI
$26.9K $16.09/SF
− OpEx
−$12.1K −$7.24/SF
NOI
$14.8K $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 Rate 5%
$295,500
Cap Rate 7%
$211,071
Cap Rate 9%
$164,167
Alternative Uses
Best Use
Apartment 5plus
$211.1K
$184.7K – $246.3K
NOI $14,775 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$466.2K
$407.9K – $543.9K
NOI $32,634 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
525
Businesses Nearby
Explore this area
Business Placement
Demographics for 46307, IN
69,248
Population
26,081
Households
2.7
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
87.2 sq mi
ZIP Area
794
Density / Sq Mi
$102,118
Median Household Income
$50,612
Median Earnings
$1,308
Median Rent
$293,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The half-duplex residence has three bedrooms, two full baths, and an attached garage.
Where is this residential income property located?
The property is located at 398 Golden Oak Drive Crown Point, IN.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,670‑square‑foot half duplex with three bedrooms and two full baths; Single‑level layout with vaulted‑ceiling family room and patio access; Attached two‑car garage; property sits on a 0.17‑acre lot
