Top-Floor Residential Income
For Sale
$1,085,000
4000 CATHEDRAL AVE NW #832B, Washington, DC 20016
WASHINGTON, DC
Property Size2,500 SF
Price / SF$434
Days on Market19
Property Features for 4000 CATHEDRAL AVE NW #832B
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 2, Bedroom 1
Subdivision
OBSERVATORY CIRCLE
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status
Active
Amenities
convenience market
guest rooms
library
hair salon
dry cleaners
gym/fitness room
tiered sunken garden
Building Details
Year built
1931
Listing Agency:
Chevy Chase Circle
(202) 966-1400
Listed By:
Lisa Bradburn
(202) 903-6850
Added: Sep 19
Changed: Oct 6
Last Checked: Oct 7 at 1:06AM
MLS# DCDC2278590
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This approximately 2,500-square-foot, top-floor corner cooperative residence includes 3 bedrooms and 3 bathrooms. The layout features a marble-floored foyer, step-down living room, den/library, formal dining room, butler’s pantry, and an updated galley kitchen with granite flooring, multiple pantries, and a separate Sub-Zero refrigerator and freezer. The primary suite has two exposures, two closets, and a renovated bathroom with a walk-in shower. The third bedroom includes an en-suite bath, while built-ins and closets provide substantial storage. Two PTAC heating and cooling units were replaced and installed in late August. The residence is currently unfurnished, and washer/dryer installation in the third bedroom’s closet has been approved by the cooperative.
The Westchester 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 cleaner, and fitness room. A MetroBus stop serving the D90 route is directly in front of the property, with D96 service within a block. Nearby destinations include Foxhall Square, Cathedral Commons, City Ridge, Glover Park, and multiple grocery stores and neighborhood retailers.
The Westchester 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 cleaner, and fitness room. A MetroBus stop serving the D90 route is directly in front of the property, with D96 service within a block. Nearby destinations include Foxhall Square, Cathedral Commons, City Ridge, Glover Park, and multiple grocery stores and neighborhood retailers.
Key Highlights
- Approximately 2,500 square feet with 3 bedrooms and 3 bathrooms
- Top‑floor corner residence with two exposures and views toward Glover Archbold Park and Virginia
- Updated galley kitchen with granite floors, 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.
Property Analytics
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Current Use
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom cooperative residence with renovated baths, dual exposures, and extensive built-in storage.
Where is this residential income property located?
The property is located at 4000 CATHEDRAL AVE NW #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 bathrooms; Top‑floor corner residence with two exposures and views toward Glover Archbold Park and Virginia; Updated galley kitchen with granite floors, multiple pantries, and separate Sub‑Zero refrigerator and freezer
