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One-Bedroom Cooperative Apartment
For Sale
$240,000

4000 CATHEDRAL AVENUE NW Unit 105B, Washington, DC 20016

Updated kitchen and bath complement an open plan with a separate flex area.

Property Size950 SF
Price / SF$252.63
Days on Market589

Property Features for 4000 CATHEDRAL AVENUE NW Unit 105B

General Information

Standard status Active
Size 950 SF
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood The Westchester
Public Transit Yes

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $967,920

Amenities

grocery store
beauty salon
barber shop
dry cleaner
fitness center
library
guest suites
gardens
fountain
walking paths

Building Details

Building Size 950 SF
Year Built 1931
Listing Agency: Cathedral Realty, LLC.
Listed By: Kathleen L Battista · License #BR98373992
Source: Districtpropertygroup
Added: Mar 22, 2025 Changed: Oct 27 Last Checked: Oct 26 at 4:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cathedral Realty, LLC.

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Investment Insights

Based on property information with market context.

This 950-square-foot, one-bedroom, one-bathroom cooperative apartment has an open layout, a spacious living room, and an additional area suitable for a sitting room, office, or guest space. The kitchen and bathroom have been updated. The building was constructed in 1931.

The Westchester Cooperative occupies more than 10 acres of landscaped grounds with gardens, a fountain, and walking paths. Nearby destinations include Cathedral Commons and Glover Park, and public transportation is available at the entrance.

On-site amenities include a grocery store, beauty salon, barber shop, dry cleaner, fitness center, library, and eight guest suites. A 15% down payment is required for purchase.

Key Highlights

  • 950‑square‑foot, one‑bedroom, one‑bathroom cooperative unit
  • Updated kitchen and bathroom
  • Separate living area with potential for office, sitting room, or guest use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,785
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,700 $315.7K
Cap Rate 7%
$225,500 $225.5K
Cap Rate 9%
$175,389 $175.4K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$30.2K $31.80/SF
− Vacancy
−$1.5K −$1.59/SF
EGI
$28.7K $30.21/SF
− OpEx
−$12.9K −$13.59/SF
NOI
$15.8K $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%
$315,700
Cap Rate 7%
$225,500
Cap Rate 9%
$175,389

Alternative Uses

Best Use
Apartment 5plus
$225.5K
$197.3K – $263.1K (±1% cap)
NOI $15,785 @ 7.0% cap · market cap 6.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$488.6K
$427.6K – $570.1K (±1% cap)
NOI $34,205 @ 7.0% cap · market cap 14.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Frequently Asked Questions

What type of property is this?
Residential income property - Updated kitchen and bath complement an open plan with a separate flex area.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVENUE NW Unit 105B Washington, DC.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 950‑square‑foot, one‑bedroom, one‑bathroom cooperative unit; Updated kitchen and bathroom; Separate living area with potential for office, sitting room, or guest use
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