One-Bedroom Residential Unit with
For Sale
$215,000
6506 AMERICA BOULEVARD Unit 801, Hyattsville, MD 20782
A private balcony and in-unit laundry add practical features to this compact residence.
Property Size697 SF
Price / SF$308.46
Days on Market20
Property Features for 6506 AMERICA BOULEVARD Unit 801
General Information
Standard status
Active
Size
697 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$4,366
Amenities
hardwood floors
in-unit washer and dryer
private balcony
Building Details
Building Size
697 SF
Year Built
2008
Listing Agency:
Compass
Listed By:
Jason Bradley · License #12345678911
(202) 528-6409
Source:
Signaturemoverealestate
Added: Oct 9
Changed: Oct 27
Last Checked: Oct 26 at 2:33PM
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 Compass
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Investment Insights
Based on property information with market context.
This 697-square-foot, one-bedroom, one-bathroom residence is on the top floor of a building constructed in 2008. Interior features include hardwood floors, an updated kitchen, and a washer and dryer within the unit, along with a private balcony for outdoor space.
Shopping, dining, and a mall are nearby, and a Metro station is within walking distance. The property also offers access to Washington, DC, and the University of Maryland campus.
Shopping, dining, and a mall are nearby, and a Metro station is within walking distance. The property also offers access to Washington, DC, and the University of Maryland campus.
Key Highlights
- 697‑square‑foot, top‑floor residence
- One bedroom and one bathroom
- Updated kitchen and hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,383
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,660
$187.7K
Cap Rate 7%
$134,043
$134.0K
Cap Rate 9%
$104,256
$104.3K
Market Conditions
NOI Build-Up for 697 SF
Gross rent
$18.1K $26.04/SF
− Vacancy
−$1.1K −$1.56/SF
EGI
$17.1K $24.48/SF
− OpEx
−$7.7K −$11.01/SF
NOI
$9.4K $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%
$187,660
Cap Rate 7%
$134,043
Cap Rate 9%
$104,256
Alternative Uses
Best Use
Apartment 5plus
$134.0K
$117.3K – $156.4K
NOI $9,383 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$224.8K
$196.7K – $262.3K
NOI $15,739 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,188
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 - A private balcony and in-unit laundry add practical features to this compact residence.
Where is this residential income property located?
The property is located at 6506 AMERICA BOULEVARD Unit 801 Hyattsville, MD.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 697‑square‑foot, top‑floor residence; One bedroom and one bathroom; Updated kitchen and hardwood floors
