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Two-Bedroom Garden-View Apartment
For Sale
$589,000

4000 CATHEDRAL AVE NW #501B, Washington, DC 20016

WASHINGTON, DC

Property Size1,600 SF
Price / SF$368.13
Days on Market13

Property Features for 4000 CATHEDRAL AVE NW #501B

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2
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
in-unit washer/dryer

Building Details

Year built 1931
Listing Agency: Chevy Chase Circle
Listed By: Lisa Bradburn · License #SP98361052
Added: Oct 19 Changed: Oct 27 Last Checked: Oct 31 at 10:06AM
MLS# DCDC2287854

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.

Rey
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Investment Insights

Based on property information with market context.

At The Westchester, this two-bedroom, two-bath apartment offers approximately 1,600 square feet, with the size estimated from co-op records. Its layout includes a foyer with two closets, a separate dining room, an oversized living room, and a solarium with built-ins and storage. The renovated kitchen has a Sub-Zero refrigerator, ample counter and cabinet space, and an under-counter washer and dryer. Seventeen windows provide three exposures and views of the building’s sunken garden and grounds. Both bathrooms have windows; one features a walk-in shower, while the other has a tub and shower. Wood floors, ceiling fans, and modern light fixtures complete the interior.

The Westchester, built in 1931, sits on approximately 10 acres of landscaped grounds. Building amenities include a fitness room, library, guest rooms, convenience market, hair salon, and dry cleaners. MetroBus stops for the D90 route are directly in front, with D96 service within a block. Foxhall Square, Cathedral Commons, City Ridge, and Glover Park are among the nearby destinations. The fee includes property taxes and utilities, excluding Wi-Fi and internet.

Key Highlights

  • Two bedrooms and two full baths in approximately 1,600 square feet
  • 17 windows, three exposures, and views of the sunken garden and grounds
  • Renovated kitchen with Sub‑Zero refrigerator and under‑counter washer and dryer

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,585
Cap Rate
4.51%
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 4.51%
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 9.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - A renovated kitchen, separate dining room, solarium, and two full baths shape the apartment’s spacious interior.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVE NW #501B Washington, DC.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Two bedrooms and two full baths in approximately 1,600 square feet; 17 windows, three exposures, and views of the sunken garden and grounds; Renovated kitchen with Sub‑Zero refrigerator and under‑counter washer and dryer
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