Search
Residential Income Property with Balcony
For Sale
$695,000

4000 CATHEDRAL AVE NW #804B, Washington, DC 20016

WASHINGTON, DC

Property Size2,000 SF
Price / SF$347.50
Days on Market105

Property Features for 4000 CATHEDRAL AVE NW #804B

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 3, Bedroom 1
Subdivision OBSERVATORY CIRCLE
Elementary school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status Active

Amenities

private balcony
convenience market
guest rooms
library
hair salon
dry cleaners
gym/fitness room

Building Details

Year built 1931
Listing Agency: Chevy Chase Circle
Listed By: Lisa Bradburn
Added: Jun 25 Changed: Oct 6 Last Checked: Oct 7 at 12:06AM
MLS# DCDC2268230

Copyright © 2026 Long & Foster Real Estate. 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.

Apartment 804B is a top-floor residence at the Westchester with three bedrooms, two bathrooms, and approximately 2,000 square feet, including the balcony; the area is an estimate. Three exposures and approximately 9-foot ceilings complement the gallery foyer, eat-in kitchen, butler’s pantry, dining room, and ample closet space. A private balcony extends from the living room. Washer and dryer installation has received co-op approval for the middle bedroom or office closet. The dining room has a PTAC heating and cooling unit.

Built in 1931, the Westchester sits on approximately 10 acres of grounds with a tiered sunken garden. Building amenities include a convenience market, guest rooms, library, hair salon, dry cleaners, and fitness room. MetroBus D90 stops in front of the property, and the D96 route is within a block. Nearby destinations include Foxhall Square, Cathedral Commons, City Ridge, Glover Park, and Washington National Cathedral; grocery options include Giant, Trader Joe’s, Wegmans, and Wagshal’s.

Key Highlights

  • Three‑bedroom, two‑bathroom top‑floor residence with three exposures
  • Approximately 2,000 square feet including balcony; size is estimated
  • Private balcony accessed from the living room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,231
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,620 $664.6K
Cap Rate 7%
$474,729 $474.7K
Cap Rate 9%
$369,233 $369.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$63.6K $31.80/SF
− Vacancy
−$3.2K −$1.59/SF
EGI
$60.4K $30.21/SF
− OpEx
−$27.2K −$13.59/SF
NOI
$33.2K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,620
Cap Rate 7%
$474,729
Cap Rate 9%
$369,233

Alternative Uses

Best Use
Apartment 5plus
$474.7K
$415.4K – $553.9K (±1% cap)
NOI $33,231 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$900.2K – $1.20M (±1% cap)
NOI $72,012 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Feinstone Stephen MD Physician DeCarlo's Restaurant Restaurant Westchester Studio Hair Salon WAKEUP Association Or Organization Westchester Cooperative Center ... Housing Cooperative

Suggested Use

Top Pick Hair Salon Nail Salon Spa & Massage Center Bakery Barber Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,353
Businesses Nearby

Demographics for 20016, DC

35,068
Population
15,457
Households
2.3
Avg Household Size
37
Median Age
88%
College-Educated
99%
High-School Grad
4.4 sq mi
ZIP Area
7,970
Density / Sq Mi
$179,107
Median Household Income
$104,275
Median Earnings
$2,105
Median Rent
$1,206,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Top-floor, three-bedroom residence with private outdoor space and access to extensive building amenities.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVE NW #804B Washington, DC.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Three‑bedroom, two‑bathroom top‑floor residence with three exposures; Approximately 2,000 square feet including balcony; size is estimated; Private balcony accessed from the living room
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again