Renovated One-Bedroom
For Sale
$323,000
4201 CATHEDRAL AVENUE NW Unit 406W, Washington, DC 20016
An 888-square-foot residence offers updated finishes, a private outdoor area, and access to shared building amenities.
Property Size888 SF
Price / SF$363.74
Days on Market74
Property Features for 4201 CATHEDRAL AVENUE NW Unit 406W
General Information
Standard status
Active
Size
888 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Wesley Heights
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,130
Amenities
outdoor pool
fitness center
tennis courts
beauty salon
meeting room
convenience store
laundry facilities
private balcony
Building Details
Building Size
888 SF
Year Built
1960
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Ben Fazeli · License #sp98368260
(202) 253-2269
Source:
Jackrealtygroup
Added: Aug 17
Changed: Oct 26
Last Checked: Oct 26 at 3:48PM
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 renovated condominium at 4201 Cathedral Avenue NW, Unit 406W, in Washington, DC, has 888 square feet, one bedroom, and one bathroom. Interior updates include rigid-core plank flooring, recessed lighting, sliding closet doors, upgraded kitchen counters, and stainless steel appliances. The bathroom features ceramic tile, dual vanities, and a walk-in shower. A private balcony or terrace provides outdoor space.
Building and community amenities include an outdoor pool, fitness center, tennis courts, elevators, laundry facilities, a convenience store, a beauty salon, and a meeting room. The property was built in 1960, and all utilities are included through the association.
Building and community amenities include an outdoor pool, fitness center, tennis courts, elevators, laundry facilities, a convenience store, a beauty salon, and a meeting room. The property was built in 1960, and all utilities are included through the association.
Key Highlights
- Renovated 888‑square‑foot condominium with 1 bedroom and 1 bathroom
- Updated kitchen with stainless steel appliances and upgraded countertops
- Bathroom includes ceramic tile, dual vanities, and a walk‑in shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,755
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,100
$295.1K
Cap Rate 7%
$210,786
$210.8K
Cap Rate 9%
$163,944
$163.9K
Market Conditions
NOI Build-Up for 888 SF
Gross rent
$28.2K $31.80/SF
− Vacancy
−$1.4K −$1.59/SF
EGI
$26.8K $30.21/SF
− OpEx
−$12.1K −$13.59/SF
NOI
$14.8K $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%
$295,100
Cap Rate 7%
$210,786
Cap Rate 9%
$163,944
Alternative Uses
Best Use
Apartment 5plus
$210.8K
$184.4K – $245.9K
NOI $14,755 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$456.8K
$399.7K – $532.9K
NOI $31,973 @ 7.0% cap · market cap 9.90%
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 - An 888-square-foot residence offers updated finishes, a private outdoor area, and access to shared building amenities.
Where is this residential income property located?
The property is located at 4201 CATHEDRAL AVENUE NW Unit 406W Washington, DC.
What is the asking price?
The asking price for this property is $323,000.
What are key features of this property?
This property features: Renovated 888‑square‑foot condominium with 1 bedroom and 1 bathroom; Updated kitchen with stainless steel appliances and upgraded countertops; Bathroom includes ceramic tile, dual vanities, and a walk‑in shower
