Two-Bedroom Residential Income
For Sale
$575,000
4000 CATHEDRAL AVE NW #412B, Washington, DC 20016
WASHINGTON, DC
Property Size1,600 SF
Price / SF$359.38
Days on Market14
Property Features for 4000 CATHEDRAL AVE NW #412B
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, 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
convenience market
guest rooms
library
hair salon
dry cleaners
gym/fitness room
Building Details
Year built
1931
Listing Agency:
Chevy Chase Circle
(202) 966-1400
Listed By:
Lisa Bradburn
(202) 903-6850
Added: Sep 24
Changed: Oct 2
Last Checked: Oct 7 at 1:06AM
MLS# DCDC2278594
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.
This two-bedroom, two-bathroom apartment offers approximately 1,600 square feet, with a living room, separate dining room, and a solarium that can function as a den or home office. The renovated kitchen has stainless steel appliances and a window. Built-in storage appears in the entry foyer, solarium, and second bedroom; additional features include parquet floors, crown moldings, ample closets, and ceilings approximately 9 feet high. The bedrooms sit apart from the main living areas. Bathroom fixtures have been updated, while the original period tile remains. The apartment’s size is estimated from cooperative records.
The Westchester occupies approximately 10 acres and includes a tiered sunken garden. Building amenities include a convenience market, guest rooms, library, hair salon, dry cleaner, and fitness room. A MetroBus stop is in front of the property, served by the D90 route; the D96 route is no more than a block away. Nearby destinations include Foxhall Square, Cathedral Commons, City Ridge, Glover Park, the Washington National Cathedral, and grocery retailers including Giant, Trader Joe’s, Wegmans, and Wagshal’s. The building fee covers utilities except internet and cable, as well as property taxes.
The Westchester occupies approximately 10 acres and includes a tiered sunken garden. Building amenities include a convenience market, guest rooms, library, hair salon, dry cleaner, and fitness room. A MetroBus stop is in front of the property, served by the D90 route; the D96 route is no more than a block away. Nearby destinations include Foxhall Square, Cathedral Commons, City Ridge, Glover Park, the Washington National Cathedral, and grocery retailers including Giant, Trader Joe’s, Wegmans, and Wagshal’s. The building fee covers utilities except internet and cable, as well as property taxes.
Key Highlights
- Two bedrooms and two bathrooms in approximately 1,600 square feet
- Renovated kitchen with stainless steel appliances and a window
- Solarium with six windows and built‑in storage
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
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
NOI $57,609 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A renovated kitchen, separate dining room, and enclosed solarium add flexibility to the apartment’s layout.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVE NW #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: Two bedrooms and two bathrooms in approximately 1,600 square feet; Renovated kitchen with stainless steel appliances and a window; Solarium with six windows and built‑in storage
