One-Bedroom Cooperative
For Sale
$295,000
4000 CATHEDRAL AVENUE NW Unit 243B, Washington, DC 20016
A 2025 bathroom renovation, park-facing kitchen window, and shared building amenities shape this apartment’s appeal.
Property Size1,100 SF
Price / SF$268.18
Days on Market28
Property Features for 4000 CATHEDRAL AVENUE NW Unit 243B
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
The Westchester
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,284,038
Amenities
convenience market
guest rooms
library
hair salon
dry cleaners
gym/fitness room
Building Details
Building Size
1,100 SF
Year Built
1931
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Elizabeth Bradburn · License #SP98361052
(202) 903-6850
Source:
Districtpropertygroup
Added: Oct 2
Changed: Oct 27
Last Checked: Oct 27 at 3:40AM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bathroom cooperative apartment measures approximately 1,100 square feet. A formal entry connects to a living room with three windows and a separate dining room; built-in cabinetry appears in both rooms. The kitchen has parallel work surfaces, a window oriented toward Glover Archbold Park, and a pass-through entrance from the foyer. The bedroom has two closets, and the bathroom was renovated in 2025. Parquet flooring, crown molding, ceiling medallions, and ceilings just under 9 feet contribute to the interior character.
The Westchester occupies approximately 10 acres and includes landscaped grounds, a sunken garden, and a fountain. Building amenities include a convenience market, guest rooms, a library, hair salon, dry cleaners, and fitness room. A MetroBus stop is directly outside, with D90 service and the D96 route within a block. The apartment fee covers utilities other than internet and Wi-Fi, as well as property taxes.
The Westchester occupies approximately 10 acres and includes landscaped grounds, a sunken garden, and a fountain. Building amenities include a convenience market, guest rooms, a library, hair salon, dry cleaners, and fitness room. A MetroBus stop is directly outside, with D90 service and the D96 route within a block. The apartment fee covers utilities other than internet and Wi-Fi, as well as property taxes.
Key Highlights
- Approximately 1,100 square feet with one bedroom and one bathroom
- Bathroom renovated in 2025
- Living room and dining room each have built‑in cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,277
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,540
$365.5K
Cap Rate 7%
$261,100
$261.1K
Cap Rate 9%
$203,078
$203.1K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$35.0K $31.80/SF
− Vacancy
−$1.7K −$1.59/SF
EGI
$33.2K $30.21/SF
− OpEx
−$15.0K −$13.59/SF
NOI
$18.3K $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%
$365,540
Cap Rate 7%
$261,100
Cap Rate 9%
$203,078
Alternative Uses
Best Use
Apartment 5plus
$261.1K
$228.5K – $304.6K
NOI $18,277 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$565.8K
$495.1K – $660.1K
NOI $39,606 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,353
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A 2025 bathroom renovation, park-facing kitchen window, and shared building amenities shape this apartment’s appeal.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVENUE NW Unit 243B Washington, DC.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Approximately 1,100 square feet with one bedroom and one bathroom; Bathroom renovated in 2025; Living room and dining room each have built‑in cabinetry
