Residential Condominium with
For Sale
$235,000
4201 CATHEDRAL AVENUE NW Unit 403E, Washington, DC 20016
Building services include controlled entry, front-desk staff, valet service, and shared recreation facilities.
Property Size963 SF
Price / SF$244.03
Days on Market194
Property Features for 4201 CATHEDRAL AVENUE NW Unit 403E
General Information
Standard status
Active
Size
963 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Wesley Heights
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,510
Amenities
front desk team
controlled access
valet service
swimming pool
tennis courts
meeting room
landscaped grounds
indoor glass-enclosed walkways
gourmet market
hair salon
Building Details
Building Size
963 SF
Year Built
1960
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Apr 20
Changed: Oct 27
Last Checked: Oct 26 at 2:19PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 963-square-foot condominium is located in a professionally managed residential building constructed in 1960. Building services include a staffed front desk, controlled access, and valet service. Shared amenities include a swimming pool, tennis courts, landscaped gardens, indoor glass-enclosed walkways, and a meeting room. An on-site market and hair salon are also available for additional fees.
The property is in Washington, DC’s Cathedral Heights area, near Glover Park and Georgetown. Nearby destinations include Wagshal’s Market, Chef Geoff’s, Starbucks, and American University, with public transportation also accessible. A separately deeded parking space is owned by the sellers and may be purchased in a separate transaction.
The property is in Washington, DC’s Cathedral Heights area, near Glover Park and Georgetown. Nearby destinations include Wagshal’s Market, Chef Geoff’s, Starbucks, and American University, with public transportation also accessible. A separately deeded parking space is owned by the sellers and may be purchased in a separate transaction.
Key Highlights
- 963‑square‑foot condominium in a building constructed in 1960
- Shared pool, tennis courts, meeting room, gardens, and enclosed indoor walkways
- Staffed front desk, controlled access, and valet service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,001
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,020
$320.0K
Cap Rate 7%
$228,586
$228.6K
Cap Rate 9%
$177,789
$177.8K
Market Conditions
NOI Build-Up for 963 SF
Gross rent
$30.6K $31.80/SF
− Vacancy
−$1.5K −$1.59/SF
EGI
$29.1K $30.21/SF
− OpEx
−$13.1K −$13.59/SF
NOI
$16.0K $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%
$320,020
Cap Rate 7%
$228,586
Cap Rate 9%
$177,789
Alternative Uses
Best Use
Apartment 5plus
$228.6K
$200.0K – $266.7K
NOI $16,001 @ 7.0% cap · market cap 6.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$495.3K
$433.4K – $577.9K
NOI $34,674 @ 7.0% cap · market cap 14.75%
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 - Building services include controlled entry, front-desk staff, valet service, and shared recreation facilities.
Where is this residential income property located?
The property is located at 4201 CATHEDRAL AVENUE NW Unit 403E 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: 963‑square‑foot condominium in a building constructed in 1960; Shared pool, tennis courts, meeting room, gardens, and enclosed indoor walkways; Staffed front desk, controlled access, and valet service
