Top-Floor Residential Income
For Sale
$695,000
4000 CATHEDRAL AVENUE NW Unit 804B, Washington, DC 20016
Three exposures and a private balcony extend the living and entertaining space of this cooperative residence.
Property Size2,000 SF
Price / SF$347.50
Days on Market127
Property Features for 4000 CATHEDRAL AVENUE NW Unit 804B
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
The Westchester
Taxes and HOA fees
Annual Taxes
$1,057,676
Building Details
Building Size
2,000 SF
Year Built
1931
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Elizabeth Bradburn · License #SP98361052
(202) 903-6850
Source:
Kerishull
Added: Jun 25
Changed: Oct 25
Last Checked: Oct 28 at 2:25PM
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.
Set within the historic Westchester, this top-floor cooperative residence offers approximately 2,000 square feet including the balcony. The three-bedroom, two-bath layout features an entry gallery, eat-in kitchen, butler’s pantry, dining room, generous closets, crown moldings, and bedrooms with well-proportioned dimensions. Ceiling height is approximately 9 feet, and installation of a washer and dryer has been approved for the middle bedroom or office closet. A private balcony provides additional outdoor space.
The property occupies approximately 10 acres of maintained grounds with a tiered sunken garden. On-site 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 D96 service no more than a block away from the D90 route. Restaurants, retail, and neighborhood destinations are nearby, including Foxhall Square, Cathedral Commons, City Ridge, Glover Park, Washington National Cathedral, Giant, Trader Joe’s, Wegmans, and Wagshal’s. The fee includes utilities other than internet and cable, along with property taxes.
The property occupies approximately 10 acres of maintained grounds with a tiered sunken garden. On-site 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 D96 service no more than a block away from the D90 route. Restaurants, retail, and neighborhood destinations are nearby, including Foxhall Square, Cathedral Commons, City Ridge, Glover Park, Washington National Cathedral, Giant, Trader Joe’s, Wegmans, and Wagshal’s. The fee includes utilities other than internet and cable, along with property taxes.
Key Highlights
- Top‑floor 3‑bedroom, 2‑bath cooperative residence with three exposures
- Private balcony adds outdoor space to the approximately 2,000‑square‑foot residence
- Approximately 9' ceilings, gallery foyer, eat‑in kitchen, butler’s pantry, and crown moldings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,231
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,620
$664.6K
Cap Rate 7%
$474,729
$474.7K
Cap Rate 9%
$369,233
$369.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$63.6K $31.80/SF
− Vacancy
−$3.2K −$1.59/SF
EGI
$60.4K $30.21/SF
− OpEx
−$27.2K −$13.59/SF
NOI
$33.2K $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%
$664,620
Cap Rate 7%
$474,729
Cap Rate 9%
$369,233
Alternative Uses
Best Use
Apartment 5plus
$474.7K
$415.4K – $553.9K
NOI $33,231 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$900.2K – $1.20M
NOI $72,012 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,353
Businesses Nearby
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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 exposures and a private balcony extend the living and entertaining space of this cooperative residence.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVENUE NW Unit 804B Washington, DC.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Top‑floor 3‑bedroom, 2‑bath cooperative residence with three exposures; Private balcony adds outdoor space to the approximately 2,000‑square‑foot residence; Approximately 9' ceilings, gallery foyer, eat‑in kitchen, butler’s pantry, and crown moldings
