Two-Bedroom Residential Income
For Sale
$375,000
4201 CATHEDRAL AVE NW #202E, Washington, DC 20016
WASHINGTON, DC
Property Size1,100 SF
Price / SF$340.91
Days on Market64
Property Features for 4201 CATHEDRAL AVE NW #202E
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 2
Subdivision
WESLEY HEIGHTS
Elementary school
HORACE MANN
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status
Active
Amenities
doorman
24-hour front desk
gym
grocery store
flower shop
library
beauty shop
community room
tennis court
in-ground swimming pool
Building Details
Year built
1960
Listing Agency:
Chevy Chase Circle
(202) 966-1400
Listed By:
Kent Madsen
Added: Aug 28
Changed: Oct 30
Last Checked: Oct 30 at 9:06PM
MLS# DCDC2280368
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This approximately 1,100-square-foot residence at The Towers Condominium includes two bedrooms, one-and-a-half baths, a generous dining area, an updated kitchen, and substantial closet storage. The home is supported by full-service condominium operations, including a doorman, 24-hour front desk, on-site management, and building security. Garage parking is included, and bus service is available directly out front.
On-site amenities include 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, electric, common area maintenance, lawn care, security, on-site management, the doorman, and 24-hour desk service. The property is located at 4201 Cathedral Ave NW in Washington, DC, and the building was completed in 1960.
On-site amenities include 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, electric, common area maintenance, lawn care, security, on-site management, the doorman, and 24-hour desk service. The property is located at 4201 Cathedral Ave NW in Washington, DC, and the building was completed in 1960.
Key Highlights
- Approximately 1,100‑square‑foot two‑bedroom, one‑and‑a‑half‑bath residence
- Updated kitchen with generous dining area and ample closet storage
- Full‑service building with doorman and 24‑hour front desk
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,277
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,540
$365.5K
Cap Rate 7%
$261,100
$261.1K
Cap Rate 9%
$203,078
$203.1K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$35.0K $31.80/SF
− Vacancy
−$1.7K −$1.59/SF
EGI
$33.2K $30.21/SF
− OpEx
−$15.0K −$13.59/SF
NOI
$18.3K $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%
$365,540
Cap Rate 7%
$261,100
Cap Rate 9%
$203,078
Alternative Uses
Best Use
Apartment 5plus
$261.1K
$228.5K – $304.6K
NOI $18,277 @ 7.0% cap · market cap 4.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$565.8K
$495.1K – $660.1K
NOI $39,606 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,385
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 - Full-service condominium residence with an updated kitchen, garage parking, and extensive on-site amenities.
Where is this residential income property located?
The property is located at 4201 CATHEDRAL AVE NW #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: Approximately 1,100‑square‑foot two‑bedroom, one‑and‑a‑half‑bath residence; Updated kitchen with generous dining area and ample closet storage; Full‑service building with doorman and 24‑hour front desk
