Move-in Ready Condo with
For Sale
$310,000
6506 AMERICA BOULEVARD #305, Hyattsville, MD 20782
Spacious 2BR/2BA condo with modern upgrades and community amenities.
Property Size1,094 SF
Price / SF$283.36
Days on Market415
Property Features for 6506 AMERICA BOULEVARD #305
General Information
Standard status
Active
Size
1,094 SF
Property subtype
Apartment
Amenities
Central A/C
Central
Building Details
Building Size
1,094 SF
Year Built
2008
Listing Agency:
Keller Williams Preferred Properties
Listed By:
Oludotun Dawodu · License #MD
(202) 439-5336
Source:
Kw
Added: Aug 18, 2025
Changed: Oct 1
Last Checked: Oct 5 at 4:57PM
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 Keller Williams Preferred Properties
Investment Insights
Based on property information with market context.
This move-in ready property features 2 bedrooms and 2 bathrooms. The unit has been recently upgraded. Residents have access to amenities including covered, designated parking in the building’s garage, and elevators. A fully equipped fitness center is also available.
Key Highlights
- Move‑in ready condition due to recent upgrades.
- Featuring two bedrooms and two bathrooms.
- Covered, designated parking in building's garage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,728
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,560
$294.6K
Cap Rate 7%
$210,400
$210.4K
Cap Rate 9%
$163,644
$163.6K
Market Conditions
NOI Build-Up for 1,094 SF
Gross rent
$28.5K $26.04/SF
− Vacancy
−$1.7K −$1.56/SF
EGI
$26.8K $24.48/SF
− OpEx
−$12.1K −$11.01/SF
NOI
$14.7K $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%
$294,560
Cap Rate 7%
$210,400
Cap Rate 9%
$163,644
Alternative Uses
Best Use
Apartment 5plus
$210.4K
$184.1K – $245.5K
NOI $14,728 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$352.9K
$308.8K – $411.7K
NOI $24,704 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,216
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Spacious 2BR/2BA condo with modern upgrades and community amenities.
Where is this apartment building located?
The property is located at 6506 AMERICA BOULEVARD #305 Hyattsville, MD.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Move‑in ready condition due to recent upgrades.; Featuring two bedrooms and two bathrooms.; Covered, designated parking in building's garage.
