Corner Residential Income
For Sale
$699,000
4201 CATHEDRAL AVE NW #905W, Washington, DC 20016
WASHINGTON, DC
Property Size1,800 SF
Price / SF$388.33
Days on Market202
Property Features for 4201 CATHEDRAL AVE NW #905W
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 3
Subdivision
WESLEY HEIGHTS
Elementary school
HORACE MANN
Middle school
HARDY
High school
WILSON SENIOR
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
concierge service
door attendants
outdoor heated pool
tennis court
fitness center
market/deli
private corner balcony
Building Details
Year built
1960
Listing Agency:
One Bethesda
(240) 497-1700
Listed By:
Roya Hakimzadeh
(202) 744-8985
Added: Mar 21
Changed: Sep 28
Last Checked: Oct 8 at 9:06AM
MLS# DCDC2249710
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.
Investment Insights
Based on property information with market context.
This corner residence at The Towers Condominium offers three bedrooms, two baths, and a private balcony with southwestern exposure. The well-maintained home includes a spacious living arrangement, a primary suite with an en-suite bath, and a kitchen appointed with white cabinetry, soft-close drawers, stainless steel appliances, and dark gray granite countertops. The kitchen connects with the dining room and a flexible den or office area.
Community amenities include concierge and door attendant services, an outdoor heated pool, tennis court, fitness center, and market/deli. Bus service provides access to downtown DC, while the Tenleytown Metro is located near the building. The offering also includes a garage parking space near the entry, and all utilities are included.
Community amenities include concierge and door attendant services, an outdoor heated pool, tennis court, fitness center, and market/deli. Bus service provides access to downtown DC, while the Tenleytown Metro is located near the building. The offering also includes a garage parking space near the entry, and all utilities are included.
Key Highlights
- Three bedrooms and two baths in a corner residence at The Towers Condominium
- Private corner balcony with southwestern exposure
- Kitchen with stainless steel appliances and dark gray granite countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,908
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$598,160
$598.2K
Cap Rate 7%
$427,257
$427.3K
Cap Rate 9%
$332,311
$332.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$57.2K $31.80/SF
− Vacancy
−$2.9K −$1.59/SF
EGI
$54.4K $30.21/SF
− OpEx
−$24.5K −$13.59/SF
NOI
$29.9K $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%
$598,160
Cap Rate 7%
$427,257
Cap Rate 9%
$332,311
Alternative Uses
Best Use
Apartment 5plus
$427.3K
$373.9K – $498.5K
NOI $29,908 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$925.9K
$810.1K – $1.08M
NOI $64,810 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,385
Businesses Nearby
Explore this area
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 - Three-bedroom residence with a private balcony, garage parking, and full-service condominium amenities.
Where is this residential income property located?
The property is located at 4201 CATHEDRAL AVE NW #905W Washington, DC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Three bedrooms and two baths in a corner residence at The Towers Condominium; Private corner balcony with southwestern exposure; Kitchen with stainless steel appliances and dark gray granite countertops
