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Studio Residential Income Property
For Sale
$230,000

4201 CATHEDRAL AVENUE NW Unit 911E, Washington, DC 20016

Renovated kitchen and bath complement a flexible studio layout with a Murphy bed and private balcony.

Property Size553 SF
Price / SF$415.91
Days on Market73

Property Features for 4201 CATHEDRAL AVENUE NW Unit 911E

General Information

Standard status Active
Size 553 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 $1,950

Amenities

24-hour concierge service
door attendants
heated outdoor swimming pool
tennis court
fitness center
on-site gourmet market and deli

Building Details

Building Size 553 SF
Year Built 1960
Listing Agency: Long & Foster Real Estate, Inc.
Listed By: Roya Hakimzadeh
Source: Jackrealtygroup
Added: Aug 17 Changed: Oct 27 Last Checked: Oct 26 at 2:56PM

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.

Rey
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Investment Insights

Based on property information with market context.

This 553-square-foot studio residence at The Towers has a renovated kitchen and bathroom, plus a Murphy bed that allows the living area to serve multiple functions. The unit includes a renovated balcony. The building dates to 1960 and provides 24-hour concierge service, door attendants, a heated outdoor pool, tennis court, fitness center, and an on-site market and deli.

The property is at 4201 Cathedral Avenue NW in Washington, DC. Public transportation is located outside the building, with American University, Georgetown University, Embassy Row, the World Bank, and the International Monetary Fund among the nearby destinations identified. Starbucks, Wagshal's Market, Al Dente, and Chef Geoff's are also cited in the surrounding area.

Key Highlights

  • 553‑square‑foot studio residence at The Towers
  • Renovated kitchen, bathroom, and balcony
  • Murphy bed supports a flexible studio layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,188
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,760 $183.8K
Cap Rate 7%
$131,257 $131.3K
Cap Rate 9%
$102,089 $102.1K
Market Conditions
NOI Build-Up for 553 SF
Gross rent
$17.6K $31.80/SF
− Vacancy
−$879 −$1.59/SF
EGI
$16.7K $30.21/SF
− OpEx
−$7.5K −$13.59/SF
NOI
$9.2K $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%
$183,760
Cap Rate 7%
$131,257
Cap Rate 9%
$102,089

Alternative Uses

Best Use
Apartment 5plus
$131.3K
$114.9K – $153.1K (±1% cap)
NOI $9,188 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$284.4K
$248.9K – $331.9K (±1% cap)
NOI $19,911 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,320
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Renovated kitchen and bath complement a flexible studio layout with a Murphy bed and private balcony.
Where is this residential income property located?
The property is located at 4201 CATHEDRAL AVENUE NW Unit 911E Washington, DC.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 553‑square‑foot studio residence at The Towers; Renovated kitchen, bathroom, and balcony; Murphy bed supports a flexible studio layout
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