Top-Floor Corner Residential Income
For Sale
$1,085,000
Pending
4000 CATHEDRAL AVENUE NW Unit 832B, Washington, DC 20016
Elegant cooperative residence with flexible living areas, renovated baths, abundant storage, and park-facing views.
Property Size2,500 SF
Days on Market52
Property Features for 4000 CATHEDRAL AVENUE NW Unit 832B
General Information
Standard status
Pending
Size
2,500 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
The Westchester
Public Transit
Yes
Units
Unit Mix
1 x 3BR/3BA
Multifamily Units
1
Additional Details
Furnished
No
Taxes and HOA fees
Annual Taxes
$1,284,038
Amenities
convenience market
guest rooms
library
hair salon
dry cleaners
gym/fitness room
tiered sunken garden
Building Details
Building Size
2,500 SF
Year Built
1931
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Elizabeth Bradburn · License #SP98361052
(202) 903-6850
Source:
Barnesrealestatecompany
Added: Sep 9
Changed: Oct 27
Last Checked: Oct 28 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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This top-floor corner cooperative residence offers approximately 2,500 square feet with three bedrooms and three full bathrooms. Two exposures bring natural light, sunset views, and outlooks toward Glover Archbold Park and Virginia. The interior includes a marble-floored foyer, step-down living room, den/library with built-ins, formal dining room, butler’s pantry, and a service entrance. The updated galley kitchen features granite flooring, extensive cabinetry, multiple pantries, three windows, and separate Sub-Zero refrigerator and freezer units.
The primary suite has two exposures, two closets, and a renovated bathroom with a walk-in shower and window. The second bedroom includes two closets and custom built-ins, while the third bedroom has a large closet and an en-suite bathroom. A washer/dryer installation has been approved for the third bedroom’s closet. Two PTAC heating and cooling units were replaced in late August. The cooperative fee includes utilities except internet, cable, and the in-unit washer/dryer fee, as well as property taxes.
The Westchester occupies approximately 10 acres of landscaped grounds and provides 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 an additional route no more than a block away. Restaurants, retail, grocery stores, and neighborhood destinations are nearby.
The primary suite has two exposures, two closets, and a renovated bathroom with a walk-in shower and window. The second bedroom includes two closets and custom built-ins, while the third bedroom has a large closet and an en-suite bathroom. A washer/dryer installation has been approved for the third bedroom’s closet. Two PTAC heating and cooling units were replaced in late August. The cooperative fee includes utilities except internet, cable, and the in-unit washer/dryer fee, as well as property taxes.
The Westchester occupies approximately 10 acres of landscaped grounds and provides 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 an additional route no more than a block away. Restaurants, retail, grocery stores, and neighborhood destinations are nearby.
Key Highlights
- Approximately 2,500 square feet with 3 bedrooms and 3 full bathrooms
- Top‑floor corner residence with 2 exposures and views toward Glover Archbold Park and Virginia
- Updated galley kitchen with granite floors, 3 windows, multiple pantries, and separate Sub‑Zero refrigerator and freezer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,539
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$830,780
$830.8K
Cap Rate 7%
$593,414
$593.4K
Cap Rate 9%
$461,544
$461.5K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$79.5K $31.80/SF
− Vacancy
−$4.0K −$1.59/SF
EGI
$75.5K $30.21/SF
− OpEx
−$34.0K −$13.59/SF
NOI
$41.5K $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%
$830,780
Cap Rate 7%
$593,414
Cap Rate 9%
$461,544
Alternative Uses
Best Use
Apartment 5plus
$593.4K
$519.2K – $692.3K
NOI $41,539 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,014 @ 7.0% cap · market cap 8.30%
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 - Elegant cooperative residence with flexible living areas, renovated baths, abundant storage, and park-facing views.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVENUE NW Unit 832B Washington, DC.
What is the asking price?
The asking price for this property is $1,085,000.
What are key features of this property?
This property features: Approximately 2,500 square feet with 3 bedrooms and 3 full bathrooms; Top‑floor corner residence with 2 exposures and views toward Glover Archbold Park and Virginia; Updated galley kitchen with granite floors, 3 windows, multiple pantries, and separate Sub‑Zero refrigerator and freezer
