Two-Bedroom Cooperative
For Sale
$325,000
4000 CATHEDRAL AVENUE NW Unit 406B, Washington, DC 20016
A solarium/den adds flexible space, with an approved installation for an in-unit washer and dryer.
Property Size1,200 SF
Price / SF$270.83
Days on Market246
Property Features for 4000 CATHEDRAL AVENUE NW Unit 406B
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
The Westchester
Public Transit
Yes
Units
Unit Mix
2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,057,676
Amenities
grocery store/deli
fitness center
hair salon
library
dry cleaner
guest suites
surface parking
garden and fountain
Building Details
Building Size
1,200 SF
Year Built
1931
Listing Agency:
Compass
Listed By:
District Property Group
(202) 286-1658
Source:
Districtpropertygroup
Added: Feb 26
Changed: Oct 27
Last Checked: Oct 26 at 3:20PM
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 Compass
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Investment Insights
Based on property information with market context.
This fourth-floor cooperative apartment in the B Building offers 1,200 square feet, with two bedrooms and one bathroom. Hardwood parquet floors and 9-foot ceilings complement a foyer, a large living area, and a solarium/den. The bedroom dimensions are approximately 12' x 17' and 11' x 14'; an in-unit washer and dryer installation has been approved. The building dates to 1931.
The Westchester cooperative community spans ten landscaped acres and includes a grocery store and deli, fitness center, hair salon, library, dry cleaner, guest suites, and unassigned surface parking. Community grounds feature a three-level sunken garden and fountain. Public transportation is available at the entrance, and Cathedral Commons, Glover Park, Georgetown, and downtown Washington, DC are identified nearby.
The Westchester cooperative community spans ten landscaped acres and includes a grocery store and deli, fitness center, hair salon, library, dry cleaner, guest suites, and unassigned surface parking. Community grounds feature a three-level sunken garden and fountain. Public transportation is available at the entrance, and Cathedral Commons, Glover Park, Georgetown, and downtown Washington, DC are identified nearby.
Key Highlights
- 1,200‑square‑foot, two‑bedroom, one‑bath cooperative apartment
- Fourth‑floor location in the B Building; built in 1931
- Solarium/den, parquet floors, and 9‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,939
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,780
$398.8K
Cap Rate 7%
$284,843
$284.8K
Cap Rate 9%
$221,544
$221.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$38.2K $31.80/SF
− Vacancy
−$1.9K −$1.59/SF
EGI
$36.3K $30.21/SF
− OpEx
−$16.3K −$13.59/SF
NOI
$19.9K $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%
$398,780
Cap Rate 7%
$284,843
Cap Rate 9%
$221,544
Alternative Uses
Best Use
Apartment 5plus
$284.8K
$249.2K – $332.3K
NOI $19,939 @ 7.0% cap · market cap 6.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$617.2K
$540.1K – $720.1K
NOI $43,207 @ 7.0% cap · market cap 13.29%
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
Explore this area
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
Frequently Asked Questions
What type of property is this?
Residential income property - A solarium/den adds flexible space, with an approved installation for an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVENUE NW Unit 406B Washington, DC.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,200‑square‑foot, two‑bedroom, one‑bath cooperative apartment; Fourth‑floor location in the B Building; built in 1931; Solarium/den, parquet floors, and 9‑foot ceilings
