Residential Income
For Sale
$235,000
4201 CATHEDRAL AVENUE NW Unit 1219W, Washington, DC 20016
The property is classified as residential income real estate.
Property Size661 SF
Price / SF$355.52
Days on Market14
Property Features for 4201 CATHEDRAL AVENUE NW Unit 1219W
General Information
Standard status
Active
Size
661 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Wesley Heights
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,351
Building Details
Building Size
661 SF
Year Built
1978
Listing Agency:
Compass
Listed By:
District Property Group
(202) 286-1658
Source:
Districtpropertygroup
Added: Oct 17
Changed: Oct 27
Last Checked: Oct 26 at 3:59PM
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 residential income property is associated with a building constructed in 1978.
Key Highlights
- Building constructed in 1978
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,983
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$219,660
$219.7K
Cap Rate 7%
$156,900
$156.9K
Cap Rate 9%
$122,033
$122.0K
Market Conditions
NOI Build-Up for 661 SF
Gross rent
$21.0K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$20.0K $30.21/SF
− OpEx
−$9.0K −$13.59/SF
NOI
$11.0K $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%
$219,660
Cap Rate 7%
$156,900
Cap Rate 9%
$122,033
Alternative Uses
Best Use
Apartment 5plus
$156.9K
$137.3K – $183.1K
NOI $10,983 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$340.0K
$297.5K – $396.7K
NOI $23,800 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,320
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 property is classified as residential income real estate.
Where is this residential income property located?
The property is located at 4201 CATHEDRAL AVENUE NW Unit 1219W Washington, DC.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Building constructed in 1978
