Studio Income Property with
For Sale
$215,000
Pending
4201 CATHEDRAL AVENUE NW Unit 111E, Washington, DC 20016
Updated kitchen, bathroom, and flooring complement a private balcony in a full-service residential building.
Property Size553 SF
Days on Market26
Property Features for 4201 CATHEDRAL AVENUE NW Unit 111E
General Information
Standard status
Pending
Size
553 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Wesley Heights
Public Transit
Yes
Units
Unit Mix
1 x studio
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$284
Amenities
front desk
fitness center
outdoor pool
tennis courts
common outdoor space
balcony
Building Details
Building Size
553 SF
Year Built
1960
Listing Agency:
Compass
Listed By:
Thomas S Buerger · License #SP98358924
(202) 255-2844
Source:
Irvinrealtyllc
Added: Oct 5
Changed: Oct 27
Last Checked: Oct 26 at 2:40PM
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 Compass
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Investment Insights
Based on property information with market context.
This 553-square-foot studio condo includes a balcony and updated kitchen, bathroom, flooring, and moldings. The building dates to 1960 and offers front-desk service, a fitness center, an outdoor pool, tennis courts, and shared outdoor areas.
Located in Washington, DC, the property is within walking distance of shopping, dining, public transportation, and parks, with access to Tenleytown and American University.
Located in Washington, DC, the property is within walking distance of shopping, dining, public transportation, and parks, with access to Tenleytown and American University.
Key Highlights
- 553‑square‑foot studio condo
- Balcony
- Updated kitchen, bathroom, flooring, and moldings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,188
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,760
$183.8K
Cap Rate 7%
$131,257
$131.3K
Cap Rate 9%
$102,089
$102.1K
Market Conditions
NOI Build-Up for 553 SF
Gross rent
$17.6K $31.80/SF
− Vacancy
−$879 −$1.59/SF
EGI
$16.7K $30.21/SF
− OpEx
−$7.5K −$13.59/SF
NOI
$9.2K $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%
$183,760
Cap Rate 7%
$131,257
Cap Rate 9%
$102,089
Alternative Uses
Best Use
Apartment 5plus
$131.3K
$114.9K – $153.1K
NOI $9,188 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$284.4K
$248.9K – $331.9K
NOI $19,911 @ 7.0% cap · market cap 9.26%
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
Location Intelligence
Trade Area within ½ mile
1,320
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 - Updated kitchen, bathroom, and flooring complement a private balcony in a full-service residential building.
Where is this residential income property located?
The property is located at 4201 CATHEDRAL AVENUE NW Unit 111E Washington, DC.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 553‑square‑foot studio condo; Balcony; Updated kitchen, bathroom, flooring, and moldings
