Two-Bedroom Condominium
For Sale
$375,000
4201 CATHEDRAL AVENUE NW Unit 202E, Washington, DC 20016
A one-and-a-half-bath home with a dedicated dining area, updated kitchen, garage parking, and extensive on-site services.
Property Size1,146 SF
Price / SF$327.23
Days on Market64
Property Features for 4201 CATHEDRAL AVENUE NW Unit 202E
General Information
Standard status
Active
Size
1,146 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Wesley Heights
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,130
Amenities
doorman
24 hour front desk
gym
grocery store
flower shop
library
beauty shop
community room
tennis court
in-ground swimming pool
Building Details
Building Size
1,146 SF
Year Built
1960
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Paul K Madsen · License #SP100287
(202) 255-1739
Source:
Canopy-re
Added: Aug 28
Changed: Oct 27
Last Checked: Oct 26 at 12:16PM
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 condominium residence has two bedrooms, one and a half bathrooms, a separate dining area, and an updated kitchen. Closet storage is provided throughout the unit. The Towers Condominium offers a doorman and a staffed front desk around the clock, with on-site management and security. Garage parking is available, and bus service stops directly outside the building.
Residents have access to a gym, grocery store, flower shop, library, beauty shop, community room, tennis court, and in-ground swimming pool. The condominium fee covers water, sewer, gas, electricity, common-area maintenance, and lawn care, in addition to the building services and management described above.
Residents have access to a gym, grocery store, flower shop, library, beauty shop, community room, tennis court, and in-ground swimming pool. The condominium fee covers water, sewer, gas, electricity, common-area maintenance, and lawn care, in addition to the building services and management described above.
Key Highlights
- Two bedrooms and one‑and‑a‑half bathrooms
- Separate dining area and updated kitchen
- Doorman and 24‑hour front desk
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,041
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,820
$380.8K
Cap Rate 7%
$272,014
$272.0K
Cap Rate 9%
$211,567
$211.6K
Market Conditions
NOI Build-Up for 1,146 SF
Gross rent
$36.4K $31.80/SF
− Vacancy
−$1.8K −$1.59/SF
EGI
$34.6K $30.21/SF
− OpEx
−$15.6K −$13.59/SF
NOI
$19.0K $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%
$380,820
Cap Rate 7%
$272,014
Cap Rate 9%
$211,567
Alternative Uses
Best Use
Apartment 5plus
$272.0K
$238.0K – $317.4K
NOI $19,041 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$589.5K
$515.8K – $687.7K
NOI $41,263 @ 7.0% cap · market cap 11.00%
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
1,320
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 - A one-and-a-half-bath home with a dedicated dining area, updated kitchen, garage parking, and extensive on-site services.
Where is this residential income property located?
The property is located at 4201 CATHEDRAL AVENUE NW Unit 202E 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: Two bedrooms and one‑and‑a‑half bathrooms; Separate dining area and updated kitchen; Doorman and 24‑hour front desk
