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Two-Bedroom Corner Apartment
For Sale
$575,000

4000 CATHEDRAL AVENUE NW Unit 412B, Washington, DC 20016

A renovated kitchen, separate dining room, and windowed solarium add distinct spaces to the apartment’s layout.

Property Size1,600 SF
Price / SF$359.38
Days on Market15

Property Features for 4000 CATHEDRAL AVENUE NW Unit 412B

General Information

Standard status Active
Size 1,600 SF
Property subtype Unit/Flat/Apartment

Site & Location

Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/2BA
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 1,600 SF
Year Built 1931
Listing Agency: Long & Foster Real Estate, Inc.
Listed By: Elizabeth Bradburn · License #SP98361052
Source: Kerishull
Added: Sep 24 Changed: Oct 6 Last Checked: Oct 7 at 2:55PM

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.

Investment Insights

Based on property information with market context.

This corner apartment provides approximately 1,600 square feet with two bedrooms and two bathrooms. The layout includes an entry foyer with built-in storage, a living room, a separate dining room, and a solarium with six windows and additional built-ins. The kitchen has been renovated and includes stainless appliances. Parquet flooring, crown moldings, approximately 9-foot ceilings, and ample closets are among the interior features. Both bathrooms have updated fixtures and retain period tile details.

The Westchester occupies approximately 10 acres of landscaped grounds with a tiered sunken garden. Building amenities include a convenience market, guest rooms, a library, hair salon, dry cleaners, and fitness room. A MetroBus stop is in front of the property, with D90 service and the D96 route within a block. Nearby destinations include Foxhall Square, Cathedral Commons, City Ridge, Glover Park, and Washington National Cathedral.

Key Highlights

  • Approximately 1,600 square feet with two bedrooms and two bathrooms
  • Corner layout includes a solarium with six windows and built‑in storage
  • Renovated kitchen with stainless appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,585
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,700 $531.7K
Cap Rate 7%
$379,786 $379.8K
Cap Rate 9%
$295,389 $295.4K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$50.9K $31.80/SF
− Vacancy
−$2.5K −$1.59/SF
EGI
$48.3K $30.21/SF
− OpEx
−$21.8K −$13.59/SF
NOI
$26.6K $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%
$531,700
Cap Rate 7%
$379,786
Cap Rate 9%
$295,389

Alternative Uses

Best Use
Apartment 5plus
$379.8K
$332.3K – $443.1K (±1% cap)
NOI $26,585 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$823.0K
$720.1K – $960.2K (±1% cap)
NOI $57,609 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.

Property 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
Yes
Paved road access
Yes
Utilities to site

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - A renovated kitchen, separate dining room, and windowed solarium add distinct spaces to the apartment’s layout.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVENUE NW Unit 412B Washington, DC.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Approximately 1,600 square feet with two bedrooms and two bathrooms; Corner layout includes a solarium with six windows and built‑in storage; Renovated kitchen with stainless appliances
More about this property
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