Corner Two-Bedroom
For Sale
$375,000
4201 CATHEDRAL AVENUE NW Unit 201E, Washington, DC 20016
The residence includes a private balcony and garage parking in a full-service building.
Property Size1,468 SF
Price / SF$255.45
Days on Market386
Property Features for 4201 CATHEDRAL AVENUE NW Unit 201E
General Information
Standard status
Active
Size
1,468 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Wesley Heights
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,359
Amenities
doorman
24 hour front desk service
on-site grocery store
beauty salon
library
flower shop
swimming pool
tennis court
private balcony
Building Details
Building Size
1,468 SF
Year Built
1960
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Paul K Madsen · License #SP100287
(202) 255-1739
Source:
Jackrealtygroup
Added: Oct 10, 2025
Changed: Oct 30
Last Checked: Oct 30 at 12:29PM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This 1,468-square-foot corner apartment has two bedrooms, two bathrooms, exposures on two sides, and a private balcony. Wood flooring and generous closet storage are among its interior features. The unit is being sold as-is and requires work; it is not fully updated. Built in 1960, the residence is located in a full-service building with a doorman and 24-hour front desk, along with a grocery store, beauty salon, library, flower shop, swimming pool, and tennis court. Electricity, gas, water, and sewer are included in the condo fee.
Key Highlights
- 1,468‑square‑foot corner apartment with two bedrooms and two bathrooms
- Private balcony, dual exposures, wood floors, and ample closet space
- Garage parking included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,392
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,840
$487.8K
Cap Rate 7%
$348,457
$348.5K
Cap Rate 9%
$271,022
$271.0K
Market Conditions
NOI Build-Up for 1,468 SF
Gross rent
$46.7K $31.80/SF
− Vacancy
−$2.3K −$1.59/SF
EGI
$44.3K $30.21/SF
− OpEx
−$20.0K −$13.59/SF
NOI
$24.4K $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%
$487,840
Cap Rate 7%
$348,457
Cap Rate 9%
$271,022
Alternative Uses
Best Use
Apartment 5plus
$348.5K
$304.9K – $406.5K
NOI $24,392 @ 7.0% cap · market cap 6.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$755.1K
$660.7K – $880.9K
NOI $52,856 @ 7.0% cap · market cap 14.09%
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
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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 includes a private balcony and garage parking in a full-service building.
Where is this residential income property located?
The property is located at 4201 CATHEDRAL AVENUE NW Unit 201E Washington, DC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,468‑square‑foot corner apartment with two bedrooms and two bathrooms; Private balcony, dual exposures, wood floors, and ample closet space; Garage parking included
