Renovated Residential Income
For Sale
$1,100,000
4000 CATHEDRAL AVENUE NW Unit 736-B, Washington, DC 20016
Three-bedroom residence with updated interiors, dedicated laundry, dual exposures, and access to extensive community amenities.
Property Size2,600 SF
Price / SF$423.08
Days on Market183
Property Features for 4000 CATHEDRAL AVENUE NW Unit 736-B
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$1,057,676
Building Details
Building Size
2,600 SF
Year Built
1931
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Elizabeth Bradburn · License #SP98361052
(202) 903-6850
Source:
Kerishull
Added: Apr 9
Changed: Oct 6
Last Checked: Oct 7 at 2:59PM
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 residential income property combines three bedrooms and three bathrooms with a renovated kitchen featuring a window and updated bathrooms, including one with a mobility-friendly accessible shower. A separate laundry room includes a full-size washer and dryer, sink, second refrigerator, and window. Crown and picture moldings, built-in cabinetry, and substantial closet storage add to the interior configuration.
The residence has east- and west-facing exposures with views toward the National Cathedral and Glover Archbold Park. The Westchester occupies approximately 10 acres of landscaped grounds with a tiered sunken garden. Building amenities include a convenience market, guest rooms, library, hair salon, dry cleaners, and gym/fitness room. A MetroBus stop is directly in front of the property, with another route no more than a block away.
The residence has east- and west-facing exposures with views toward the National Cathedral and Glover Archbold Park. The Westchester occupies approximately 10 acres of landscaped grounds with a tiered sunken garden. Building amenities include a convenience market, guest rooms, library, hair salon, dry cleaners, and gym/fitness room. A MetroBus stop is directly in front of the property, with another route no more than a block away.
Key Highlights
- Three‑bedroom, three‑bathroom residence
- Renovated kitchen with window and updated bathrooms
- Separate laundry room with full‑size washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,200
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,000
$864.0K
Cap Rate 7%
$617,143
$617.1K
Cap Rate 9%
$480,000
$480.0K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$82.7K $31.80/SF
− Vacancy
−$4.1K −$1.59/SF
EGI
$78.5K $30.21/SF
− OpEx
−$35.3K −$13.59/SF
NOI
$43.2K $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%
$864,000
Cap Rate 7%
$617,143
Cap Rate 9%
$480,000
Alternative Uses
Best Use
Apartment 5plus
$617.1K
$540.0K – $720.0K
NOI $43,200 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,615 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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 - Three-bedroom residence with updated interiors, dedicated laundry, dual exposures, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVENUE NW Unit 736-B Washington, DC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Three‑bedroom, three‑bathroom residence; Renovated kitchen with window and updated bathrooms; Separate laundry room with full‑size washer and dryer
