Two-Bedroom Residential Income
For Sale
$199,000
4200 CATHEDRAL AVENUE NW Unit 111, Washington, DC 20016
The residence combines distinct living and dining areas with a separate kitchen and deeded garage parking.
Property Size946 SF
Price / SF$210.36
Days on Market73
Property Features for 4200 CATHEDRAL AVENUE NW Unit 111
General Information
Standard status
Active
Size
946 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Wesley Heights
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,039
Amenities
24/7 concierge
fitness room
shared laundry facilities
bike storage
rooftop deck
landscaped courtyard
direct access to Glover Archbold Park trails
Building Details
Building Size
946 SF
Year Built
1957
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Aug 18
Changed: Oct 27
Last Checked: Oct 26 at 2:34PM
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 Jack Realty Group
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Investment Insights
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This 946-square-foot residence has two bedrooms and one bathroom, with living and dining areas arranged separately from the kitchen. White cabinetry, tile flooring, generous closets, and additional in-unit storage are among its interior features. A separately deeded garage parking space is included. The unit offers access to building entryways without requiring elevator use.
The 1957-built building provides a 24-hour concierge, fitness room, shared laundry, bicycle storage, rooftop deck, and landscaped courtyard. The condo fee covers major utilities. Residents have direct access to trails in Glover Archbold Park, with N2 and N6 Metrobus service nearby. The Tenleytown-AU Metro station, Massachusetts Avenue, Georgetown, Dupont Circle, and neighborhood dining and retail destinations are also referenced in the surrounding area.
The 1957-built building provides a 24-hour concierge, fitness room, shared laundry, bicycle storage, rooftop deck, and landscaped courtyard. The condo fee covers major utilities. Residents have direct access to trails in Glover Archbold Park, with N2 and N6 Metrobus service nearby. The Tenleytown-AU Metro station, Massachusetts Avenue, Georgetown, Dupont Circle, and neighborhood dining and retail destinations are also referenced in the surrounding area.
Key Highlights
- Two bedrooms and one bathroom in 946 square feet
- Separately deeded garage parking space
- Living and dining areas, separate kitchen, generous closets, and additional storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,718
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,360
$314.4K
Cap Rate 7%
$224,543
$224.5K
Cap Rate 9%
$174,644
$174.6K
Market Conditions
NOI Build-Up for 946 SF
Gross rent
$30.1K $31.80/SF
− Vacancy
−$1.5K −$1.59/SF
EGI
$28.6K $30.21/SF
− OpEx
−$12.9K −$13.59/SF
NOI
$15.7K $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%
$314,360
Cap Rate 7%
$224,543
Cap Rate 9%
$174,644
Alternative Uses
Best Use
Apartment 5plus
$224.5K
$196.5K – $262.0K
NOI $15,718 @ 7.0% cap · market cap 7.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$486.6K
$425.8K – $567.7K
NOI $34,061 @ 7.0% cap · market cap 17.12%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
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 residence combines distinct living and dining areas with a separate kitchen and deeded garage parking.
Where is this residential income property located?
The property is located at 4200 CATHEDRAL AVENUE NW Unit 111 Washington, DC.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two bedrooms and one bathroom in 946 square feet; Separately deeded garage parking space; Living and dining areas, separate kitchen, generous closets, and additional storage
