Residential Income Property with Park
For Sale
$253,500
4000 CATHEDRAL AVENUE NW Unit 534B, Washington, DC 20016
The co-op residence includes access to on-site fitness, retail, personal services, and guest accommodations.
Property Size975 SF
Price / SF$260
Days on Market192
Property Features for 4000 CATHEDRAL AVENUE NW Unit 534B
General Information
Standard status
Active
Size
975 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
The Westchester
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,057,676
Amenities
deli/grocery store
beauty shop
dry cleaner
fitness center
library
guest suites
walking paths
fountain
Building Details
Building Size
975 SF
Year Built
1931
Listing Agency:
Cathedral Realty, LLC.
Listed By:
Kathleen L Battista · License #BR98373992
(202) 320-8700
Source:
Districtpropertygroup
Added: Apr 22
Changed: Oct 27
Last Checked: Oct 26 at 4:47PM
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 Cathedral Realty, LLC.
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bath co-op residence at The Westchester offers approximately 975 square feet. Fresh paint and refinished hardwood parquet flooring update the interior, while large windows look toward Glover Archbold Park. The building dates to 1931.
The Westchester’s grounds span more than 10 acres and include gardens, walking paths, and a fountain. Shops and dining at Cathedral Commons on Wisconsin Avenue are nearby, and public transportation is accessible at the community entrance.
On-site amenities include a deli and grocery store, beauty shop, dry cleaner, fitness center, library, and eight guest suites. The monthly co-op fee covers property taxes, management, building maintenance, security, water, electricity, gas, heating, and cooling.
The Westchester’s grounds span more than 10 acres and include gardens, walking paths, and a fountain. Shops and dining at Cathedral Commons on Wisconsin Avenue are nearby, and public transportation is accessible at the community entrance.
On-site amenities include a deli and grocery store, beauty shop, dry cleaner, fitness center, library, and eight guest suites. The monthly co-op fee covers property taxes, management, building maintenance, security, water, electricity, gas, heating, and cooling.
Key Highlights
- One‑bedroom, one‑bath co‑op with approximately 975 square feet
- Large windows provide views of Glover Archbold Park
- Freshly painted interior with refinished hardwood parquet flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,200
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,000
$324.0K
Cap Rate 7%
$231,429
$231.4K
Cap Rate 9%
$180,000
$180.0K
Market Conditions
NOI Build-Up for 975 SF
Gross rent
$31.0K $31.80/SF
− Vacancy
−$1.6K −$1.59/SF
EGI
$29.5K $30.21/SF
− OpEx
−$13.3K −$13.59/SF
NOI
$16.2K $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%
$324,000
Cap Rate 7%
$231,429
Cap Rate 9%
$180,000
Alternative Uses
Best Use
Apartment 5plus
$231.4K
$202.5K – $270.0K
NOI $16,200 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$501.5K
$438.8K – $585.1K
NOI $35,106 @ 7.0% cap · market cap 13.85%
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 - The co-op residence includes access to on-site fitness, retail, personal services, and guest accommodations.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVENUE NW Unit 534B Washington, DC.
What is the asking price?
The asking price for this property is $253,500.
What are key features of this property?
This property features: One‑bedroom, one‑bath co‑op with approximately 975 square feet; Large windows provide views of Glover Archbold Park; Freshly painted interior with refinished hardwood parquet flooring
