Condominium Loft with
For Sale
$289,000
6500 AMERICA BOULEVARD Unit 205, Hyattsville, MD 20782
In-unit laundry and covered garage parking add practical convenience.
Property Size1,260 SF
Price / SF$229.37
Days on Market236
Property Features for 6500 AMERICA BOULEVARD Unit 205
General Information
Standard status
Active
Size
1,260 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,065
Amenities
hardwood flooring
master bath
washer/dryer inside unit
covered garage parking
balcony
high ceilings
large windows
Building Details
Building Size
1,260 SF
Year Built
2009
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Mar 6
Changed: Oct 27
Last Checked: Oct 26 at 3:37PM
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 1,260-square-foot condominium loft has high ceilings, large windows, hardwood floors, a primary bathroom, and a balcony with views. A washer and dryer are located inside the unit, and covered garage parking is included. The building was constructed in 2009 and contains 22 loft units; it is described as secure.
The property is within walking distance of the Green Line Metro station, Hyattsville library, Regal movie theaters, the Mall at Prince Georges, and restaurants.
The property is within walking distance of the Green Line Metro station, Hyattsville library, Regal movie theaters, the Mall at Prince Georges, and restaurants.
Key Highlights
- 1,260‑square‑foot condominium loft
- 22 loft units in a secure building
- High ceilings, large windows, hardwood floors, and a balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,963
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,260
$339.3K
Cap Rate 7%
$242,329
$242.3K
Cap Rate 9%
$188,478
$188.5K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$32.8K $26.04/SF
− Vacancy
−$2.0K −$1.56/SF
EGI
$30.8K $24.48/SF
− OpEx
−$13.9K −$11.01/SF
NOI
$17.0K $13.46/SF
Area
Prince George's County, MD
Vacancy
6.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,260
Cap Rate 7%
$242,329
Cap Rate 9%
$188,478
Alternative Uses
Best Use
Apartment 5plus
$242.3K
$212.0K – $282.7K
NOI $16,963 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$406.5K
$355.7K – $474.2K
NOI $28,453 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,214
Businesses Nearby
Explore this area
Business Placement
Demographics for 20782, MD
35,356
Population
13,312
Households
2.7
Avg Household Size
34
Median Age
37%
College-Educated
78%
High-School Grad
4.3 sq mi
ZIP Area
8,222
Density / Sq Mi
$88,226
Median Household Income
$42,862
Median Earnings
$1,789
Median Rent
$431,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - In-unit laundry and covered garage parking add practical convenience.
Where is this residential income property located?
The property is located at 6500 AMERICA BOULEVARD Unit 205 Hyattsville, MD.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 1,260‑square‑foot condominium loft; 22 loft units in a secure building; High ceilings, large windows, hardwood floors, and a balcony
