One-Bedroom Apartment with Park
For Sale
$239,000
4000 CATHEDRAL AVENUE NW Unit 531B, Washington, DC 20016
Built-in storage, hardwood floors and a windowed kitchen complement the apartment’s spacious living areas.
Property Size950 SF
Price / SF$251.58
Days on Market266
Property Features for 4000 CATHEDRAL AVENUE NW Unit 531B
General Information
Standard status
Active
Size
950 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
The Westchester
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Furnished
No
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,057,676
Amenities
convenience market
guest rooms
library
hair salon
dry cleaners
gym/fitness room
tiered sunken garden and fountain
Building Details
Building Size
950 SF
Year Built
1931
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Elizabeth Bradburn · License #SP98361052
(202) 903-6850
Source:
Jackrealtygroup
Added: Feb 6
Changed: Oct 27
Last Checked: Oct 26 at 3:02PM
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 1BR apartment offers approximately 950 square feet, with a dining area that opens to a sunken living room. Built-in shelving and storage appear in both spaces. A wall of windows brings in natural light and overlooks Glover Archbold Park. The windowed kitchen has ample cabinetry, while the bedroom includes two large closets, including a walk-in. Hardwood floors, approximately 9' ceilings, a windowed tub-and-shower bathroom, and additional entry and hallway storage round out the interior. The apartment is currently unfurnished.
The Westchester occupies approximately 10 acres and includes landscaped grounds with a tiered garden and fountain. Building amenities include a convenience market, guest rooms, library, hair salon, dry cleaners, and fitness room. MetroBus service is available from a stop in front of the property, with another route within a block. Restaurants, retail, medical offices, and grocery stores are among the nearby services and destinations.
The Westchester occupies approximately 10 acres and includes landscaped grounds with a tiered garden and fountain. Building amenities include a convenience market, guest rooms, library, hair salon, dry cleaners, and fitness room. MetroBus service is available from a stop in front of the property, with another route within a block. Restaurants, retail, medical offices, and grocery stores are among the nearby services and destinations.
Key Highlights
- Approximately 950 square feet with a 1BR layout
- Living room windows overlook Glover Archbold Park
- Two bedroom closets, including a walk‑in, plus built‑in and hall storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,785
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,700
$315.7K
Cap Rate 7%
$225,500
$225.5K
Cap Rate 9%
$175,389
$175.4K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$30.2K $31.80/SF
− Vacancy
−$1.5K −$1.59/SF
EGI
$28.7K $30.21/SF
− OpEx
−$12.9K −$13.59/SF
NOI
$15.8K $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%
$315,700
Cap Rate 7%
$225,500
Cap Rate 9%
$175,389
Alternative Uses
Best Use
Apartment 5plus
$225.5K
$197.3K – $263.1K
NOI $15,785 @ 7.0% cap · market cap 6.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$488.6K
$427.6K – $570.1K
NOI $34,205 @ 7.0% cap · market cap 14.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Utilities to site
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 - Built-in storage, hardwood floors and a windowed kitchen complement the apartment’s spacious living areas.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVENUE NW Unit 531B Washington, DC.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Approximately 950 square feet with a 1BR layout; Living room windows overlook Glover Archbold Park; Two bedroom closets, including a walk‑in, plus built‑in and hall storage
