Residential Income Property with Garage
For Sale
$199,900
4200 NW CATHEDRAL AVENUE NW Unit 417, Washington, DC 20016
The condominium includes two bedrooms, a formal dining area, and a dedicated garage space.
Property Size920 SF
Price / SF$217.28
Days on Market92
Property Features for 4200 NW CATHEDRAL AVENUE NW Unit 417
General Information
Standard status
Active
Size
920 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Wesley Heights
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,214
Building Details
Building Size
920 SF
Year Built
1957
Listing Agency:
Samson Properties
Listed By:
Sean Lee Price
(703) 783-2143
Source:
Jackrealtygroup
Added: Jul 31
Changed: Oct 27
Last Checked: Oct 26 at 3:02PM
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 Samson Properties
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Investment Insights
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This 920-square-foot condominium has two bedrooms and one full bathroom, with a living room connected to a separate formal dining area. The kitchen received new energy-efficient appliances, countertops, flooring, and updated cabinetry in 2026. New bedroom carpet and fresh paint throughout were also completed in 2026. A dedicated garage parking space is included, and the building dates to 1957.
Cathedral Commons, Glover Park, American University, restaurants, shops, parks, and public transportation are nearby. The property also offers access to Georgetown, downtown Washington, DC, and major commuter routes.
Cathedral Commons, Glover Park, American University, restaurants, shops, parks, and public transportation are nearby. The property also offers access to Georgetown, downtown Washington, DC, and major commuter routes.
Key Highlights
- 920‑square‑foot condominium with two bedrooms and one full bathroom
- Dedicated garage parking space
- Kitchen updated in 2026 with energy‑efficient appliances, new countertops, new flooring, and updated cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,286
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,720
$305.7K
Cap Rate 7%
$218,371
$218.4K
Cap Rate 9%
$169,844
$169.8K
Market Conditions
NOI Build-Up for 920 SF
Gross rent
$29.3K $31.80/SF
− Vacancy
−$1.5K −$1.59/SF
EGI
$27.8K $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%
$305,720
Cap Rate 7%
$218,371
Cap Rate 9%
$169,844
Alternative Uses
Best Use
Apartment 5plus
$218.4K
$191.1K – $254.8K
NOI $15,286 @ 7.0% cap · market cap 7.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$473.2K
$414.1K – $552.1K
NOI $33,125 @ 7.0% cap · market cap 16.57%
Zoning and permitted uses should be independently verified with authorities.
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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 condominium includes two bedrooms, a formal dining area, and a dedicated garage space.
Where is this residential income property located?
The property is located at 4200 NW CATHEDRAL AVENUE NW Unit 417 Washington, DC.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 920‑square‑foot condominium with two bedrooms and one full bathroom; Dedicated garage parking space; Kitchen updated in 2026 with energy‑efficient appliances, new countertops, new flooring, and updated cabinetry
