Two-Bedroom Residential Income
For Sale
$270,000
4200 CATHEDRAL AVENUE NW Unit 607, Washington, DC 20016
The sixth-floor condo includes a windowed kitchen, parquet flooring, and separate living and dining areas.
Property Size918 SF
Price / SF$294.12
Days on Market60
Property Features for 4200 CATHEDRAL AVENUE NW Unit 607
General Information
Standard status
Active
Size
918 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Financials
Asking Price
$270,000
HOA Fee
$1,396
Site & Location
Neighborhood
Wesley Heights
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,422
Amenities
24-hour concierge
controlled building access
fitness center
shared laundry facilities
landscaped garden patios
Building Details
Building Size
918 SF
Year Built
1957
Listing Agency:
The Agency DC
Listed By:
Ron Goldberg · License #SP40004487
(202) 952-4863
Source:
Jackrealtygroup
Added: Sep 1
Changed: Oct 27
Last Checked: Oct 26 at 2:27PM
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 The Agency DC
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Investment Insights
Based on property information with market context.
This 918-square-foot, two-bedroom condo occupies the sixth floor of a residential building completed in 1957. Fresh paint and original parquet floors complement a connected living and dining area with large windows. The kitchen has a window, white cabinetry, a blue-and-white tile backsplash, gas cooking, and a dishwasher. Entry and hallway closets provide additional storage, and the unit is vacant.
Building features include a 24-hour concierge, controlled access, elevators, a fitness center, shared laundry facilities, and landscaped garden patios. The condo fee covers electricity, gas, heat, air conditioning, water, and high-speed internet. On-site parking may be rented or purchased, subject to availability.
The property is in Wesley Heights, near Glover Archbold Park trails, neighborhood dining and shopping, American University, and the National Cathedral. D90 Metrobus service provides a connection to Tenleytown-AU Metro.
Building features include a 24-hour concierge, controlled access, elevators, a fitness center, shared laundry facilities, and landscaped garden patios. The condo fee covers electricity, gas, heat, air conditioning, water, and high-speed internet. On-site parking may be rented or purchased, subject to availability.
The property is in Wesley Heights, near Glover Archbold Park trails, neighborhood dining and shopping, American University, and the National Cathedral. D90 Metrobus service provides a connection to Tenleytown-AU Metro.
Key Highlights
- Two bedrooms and approximately 918 square feet on the sixth floor
- Living and dining areas connect beside generous windows
- Windowed kitchen with gas cooking and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,253
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,060
$305.1K
Cap Rate 7%
$217,900
$217.9K
Cap Rate 9%
$169,478
$169.5K
Market Conditions
NOI Build-Up for 918 SF
Gross rent
$29.2K $31.80/SF
− Vacancy
−$1.5K −$1.59/SF
EGI
$27.7K $30.21/SF
− OpEx
−$12.5K −$13.59/SF
NOI
$15.3K $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%
$305,060
Cap Rate 7%
$217,900
Cap Rate 9%
$169,478
Alternative Uses
Best Use
Apartment 5plus
$217.9K
$190.7K – $254.2K
NOI $15,253 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$472.2K
$413.2K – $550.9K
NOI $33,053 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,247
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 - The sixth-floor condo includes a windowed kitchen, parquet flooring, and separate living and dining areas.
Where is this residential income property located?
The property is located at 4200 CATHEDRAL AVENUE NW Unit 607 Washington, DC.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Two bedrooms and approximately 918 square feet on the sixth floor; Living and dining areas connect beside generous windows; Windowed kitchen with gas cooking and dishwasher
