Residential Income Property with Park
For Sale
$790,000
4100 CATHEDRAL AVENUE NW Unit 704, Washington, DC 20016
Two-bedroom condominium residence with a private balcony, separate bedroom wing, and two deeded parking spaces.
Property Size1,644 SF
Days on Market159
Property Features for 4100 CATHEDRAL AVENUE NW Unit 704
General Information
Standard status
Active
Size
1,644 SF
Total Parking Spaces
2
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
The Westchester
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$5,366
Amenities
in-unit washer and dryer
private balcony
fitness center
indoor pool
dance studio
sauna
24-hour concierge
on-site manager
valet parking for guests
Building Details
Building Size
1,644 SF
Year Built
1966
Listing Agency:
TTR Sotheby's International Realty
Listed By:
Kelly Lee · License #SP98376282
(202) 236-2901
Source:
Barnesrealestatecompany
Added: May 26
Changed: Oct 26
Last Checked: Oct 30 at 9:20PM
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 TTR Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This 1966 residential income property is a two-bedroom, two-bath condominium residence with a spacious floor plan and views toward Glover Archbold Park. The living area opens to a private balcony, while the bedrooms and bathrooms occupy a separate hallway for added separation. Full-height windows, extensive closet storage, and an in-unit washer and dryer add practical functionality. The sale includes two separately deeded parking spaces.
The 92-unit condominium provides 24-hour concierge service, an on-site manager, guest valet parking, an indoor pool, fitness center, dance studio, and sauna. The condominium fee includes utilities. The pet-friendly building is located near neighborhood shops, restaurants, and daily conveniences.
The 92-unit condominium provides 24-hour concierge service, an on-site manager, guest valet parking, an indoor pool, fitness center, dance studio, and sauna. The condominium fee includes utilities. The pet-friendly building is located near neighborhood shops, restaurants, and daily conveniences.
Key Highlights
- Views overlooking Glover Archbold Park
- Two‑bedroom, two‑bath condominium residence
- Private balcony adjoining the living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,316
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,320
$546.3K
Cap Rate 7%
$390,229
$390.2K
Cap Rate 9%
$303,511
$303.5K
Market Conditions
NOI Build-Up for 1,644 SF
Gross rent
$52.3K $31.80/SF
− Vacancy
−$2.6K −$1.59/SF
EGI
$49.7K $30.21/SF
− OpEx
−$22.3K −$13.59/SF
NOI
$27.3K $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%
$546,320
Cap Rate 7%
$390,229
Cap Rate 9%
$303,511
Alternative Uses
Best Use
Apartment 5plus
$390.2K
$341.5K – $455.3K
NOI $27,316 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$845.6K
$739.9K – $986.6K
NOI $59,193 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Yes
Utilities to site
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 - Two-bedroom condominium residence with a private balcony, separate bedroom wing, and two deeded parking spaces.
Where is this residential income property located?
The property is located at 4100 CATHEDRAL AVENUE NW Unit 704 Washington, DC.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Views overlooking Glover Archbold Park; Two‑bedroom, two‑bath condominium residence; Private balcony adjoining the living area
