$290,000
●
Condo -
Off Market
2900 SHIPMASTER WAY #207
ANNAPOLIS, MD 21401
2 Beds
2 Baths
1,007 Ft²
$2,007
Est. Monthly
$582
HOA / Fees
6.69%
Cap Rate
About This Property
GENEROUS price adjustment!
Nestled within the serene confines of an elevator building, this delightful 2-bedroom, 2-bathroom condo offers the perfect blend of convenience and tranquility.
Fresh carpeting throughout. Additionally, sliders were all replaced with Jeld Wen double pane sliders. Neutral, fresh paint in soft, relaxing tone, Sherwin Williams Duration.
Spacious Bedrooms: Two generously sized bedrooms provide ample space for relaxation and restful nights.
Modern Bathrooms: Enjoy the convenience of two pristine bathrooms, meticulously maintained for your comfort. Primary bath has tub cut out feature for easy access.
Ease of Access: Say goodbye to cumbersome doors! All three sliders leading to the patio have been replaced with one-finger-touch easy glide doors.
Recent Upgrades: HVAC system replaced 2018/2019, providing optimal comfort and efficiency all year round.
Serene Surroundings: Embrace the tranquility of your surroundings within a well-maintained community, offering peace of mind and a sense of belonging.
Private Balcony: Step outside to your own private balcony, where you can soak in the fresh air and enjoy moments of relaxation.
Convenient Location: close by shopping and all of the charming sites to explore in and about Annapolis!
Easy access to nearby amenities, shopping centers, and medical facilities, making everyday errands a breeze.
Nestled within the serene confines of an elevator building, this delightful 2-bedroom, 2-bathroom condo offers the perfect blend of convenience and tranquility.
Fresh carpeting throughout. Additionally, sliders were all replaced with Jeld Wen double pane sliders. Neutral, fresh paint in soft, relaxing tone, Sherwin Williams Duration.
Spacious Bedrooms: Two generously sized bedrooms provide ample space for relaxation and restful nights.
Modern Bathrooms: Enjoy the convenience of two pristine bathrooms, meticulously maintained for your comfort. Primary bath has tub cut out feature for easy access.
Ease of Access: Say goodbye to cumbersome doors! All three sliders leading to the patio have been replaced with one-finger-touch easy glide doors.
Recent Upgrades: HVAC system replaced 2018/2019, providing optimal comfort and efficiency all year round.
Serene Surroundings: Embrace the tranquility of your surroundings within a well-maintained community, offering peace of mind and a sense of belonging.
Private Balcony: Step outside to your own private balcony, where you can soak in the fresh air and enjoy moments of relaxation.
Convenient Location: close by shopping and all of the charming sites to explore in and about Annapolis!
Easy access to nearby amenities, shopping centers, and medical facilities, making everyday errands a breeze.
Unit Size
1,007 Ft²
Days on Market
41 days
Land Size
-
Price per sqft
$288
Property Type
Condo
Property Taxes
$119
HOA Dues
$582
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Bright MLS #MDAA2076990)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| Apr 16, 2024 | Price Decreased |
$290,000
↓ $15K
(4.9%) | |
| Price Decreased | |||
| Feb 2, 2024 | Listed by RE/MAX Advantage Realty | $304,900 | |
| Listed by RE/MAX Advantage Realty | |||
Property Highlights
Parking Available
Elevator
Parking Details
Parking Features: Off Street, Parking Lot
Interior Details
Bedrooms on Main Level: 2
Interior Features: Carpet, Elevator, Entry Level Bedroom, Floor Plan - Traditional, Primary Bath(s), Upgraded Countertops, Walk-in Closet(s)
Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer
Flooring Type: Carpet, Luxury Vinyl Plank, Ceramic Tile
Living Area Square Feet Source: Assessor
Laundry Type: Dryer In Unit, Washer In Unit
Exterior Details
Property Manager Present
Ownership Interest: Condominium
Property Condition: Excellent
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Construction Materials: Other
Unit Building Type: Garden 1 - 4 Floors
Community Pool
Tidal Water: N
Land Assessed Value: $127,500
Finished Square Feet: 1007
Finished Square Feet Source: Assessor
Financial Details
County Tax: $1,044
County Tax Payment Frequency: Annually
Tax Assessed Value: $127,500
Tax Year: 2024
Tax Annual Amount: $1,424
Year Assessed: 2024
Utilities Details
Cooling Type: Heat Pump(s)
Heating Type: Central, Heat Pump - Electric BackUp
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Recreation Facility
HOA/Condo/Coop Amenities: Community Center, Elevator, Pool - Indoor, Recreational Center, Retirement Community, Swimming Pool, Common Grounds, Exercise Room, Fitness Center, Golf Course Membership Available, Tennis Courts
HOA Fee: $160
HOA Fee Frequency: Monthly
Condo/Coop Fee: $422
Washer/Dryer/Hook Up in Unit: Yes
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/19/2026
|
2 Bed
|
2 Bath
|
1136 ft²
|
$325,000
2 Bed
2 Bath
1136 ft²
|
$325,000
08/28/2026
|
Zachary Papaleonti
Academy Realty Inc.
| |
|
07/03/2026
|
2 Bed
|
2 Bath
|
1018 ft²
|
$285,000
2 Bed
2 Bath
1018 ft²
|
$301,000
+5.61%
08/17/2026
|
Kyriacos Papaleonti
Academy Realty Inc.
| |
|
04/28/2026
|
2 Bed
|
2 Bath
|
1044 ft²
|
$345,000
2 Bed
2 Bath
1044 ft²
|
$350,000
+1.45%
06/05/2026
|
Alexandra Sears
TTR Sotheby's International Realty
| |
|
12/29/2025
|
2 Bed
|
2 Bath
|
1046 ft²
|
$349,900
2 Bed
2 Bath
1046 ft²
|
$345,000
-1.40%
03/12/2026
|
Kyriacos Papaleonti
Academy Realty Inc.
| |
|
10/31/2025
|
2 Bed
|
2 Bath
|
1048 ft²
|
$347,000
2 Bed
2 Bath
1048 ft²
|
$335,000
-3.46%
03/10/2026
|
Karlton F Morris Jr.
Long & Foster Real Estate, Inc.
| |
|
06/18/2025
|
1 Bed
|
2 Bath
|
1089 ft²
|
$350,000
1 Bed
2 Bath
1089 ft²
|
$337,500
-3.57%
09/26/2025
|
Kathleen Moore
Engel & Volkers Annapolis
| |
|
06/12/2025
|
2 Bed
|
2 Bath
|
1154 ft²
|
$349,900
2 Bed
2 Bath
1154 ft²
|
$345,900
-1.14%
11/03/2025
|
David Bediz
Keller Williams Capital Properties
| |
|
05/14/2025
|
2 Bed
|
2 Bath
|
1048 ft²
|
$350,000
2 Bed
2 Bath
1048 ft²
|
$345,000
-1.43%
05/13/2025
|
Kyriacos Papaleonti
Academy Realty Inc.
| |
|
01/10/2025
|
2 Bed
|
2 Bath
|
1046 ft²
|
$359,000
2 Bed
2 Bath
1046 ft²
|
$360,000
+0.28%
03/17/2025
|
Mary Ann Elliott
Coldwell Banker Realty
| |
|
11/22/2024
|
2 Bed
|
2 Bath
|
1044 ft²
|
$298,000
2 Bed
2 Bath
1044 ft²
|
$284,200
-4.63%
02/24/2025
|
Brenda Sarver
Maryland REO Connection, LLC
| |
|
08/21/2024
|
2 Bed
|
2 Bath
|
1008 ft²
|
$299,900
2 Bed
2 Bath
1008 ft²
|
$295,000
-1.63%
06/25/2025
|
Kyriacos Papaleonti
Academy Realty Inc.
| |
|
09/03/2023
| |
2 Bed
|
2 Bath
|
-
|
$309,000
2 Bed
2 Bath
|
-
-
|
Jaime C Watt
Annapolis Bestgate
|
|
05/04/2024
|
2 Bed
|
2 Bath
|
1020 ft²
|
$325,000
2 Bed
2 Bath
1020 ft²
|
$335,000
+3.08%
06/17/2024
|
Jennifer Schaub
Long & Foster Real Estate, Inc.
| |
|
03/14/2024
|
2 Bed
|
2 Bath
|
1046 ft²
|
$330,000
2 Bed
2 Bath
1046 ft²
|
$315,000
-4.55%
05/09/2024
|
Annie Medford
Hoffman Real Estate Group, LLC
| |
|
02/26/2024
|
2 Bed
|
2 Bath
|
1048 ft²
|
$324,900
2 Bed
2 Bath
1048 ft²
|
$324,900
05/06/2024
|
Kyriacos Papaleonti
Academy Realty Inc.
| |
|
02/06/2024
|
2 Bed
|
2 Bath
|
1005 ft²
|
$325,000
2 Bed
2 Bath
1005 ft²
|
$285,000
-12.31%
08/07/2024
|
Heather Bold
Berkshire Hathaway HomeServices PenFed Realty
| |
|
02/02/2024
|
2 Bed
|
2 Bath
|
1007 ft²
|
$304,900
2 Bed
2 Bath
1007 ft²
|
$290,000
-4.89%
07/09/2024
|
Shawn Basford
RE/MAX Real Estate
| |
|
12/09/2023
|
2 Bed
|
2 Bath
|
1047 ft²
|
$365,000
2 Bed
2 Bath
1047 ft²
|
$350,000
-4.11%
04/30/2024
|
Pam Goldberg
Coldwell Banker Realty
| |
|
11/24/2023
|
2 Bed
|
2 Bath
|
1046 ft²
|
$369,000
2 Bed
2 Bath
1046 ft²
|
$345,000
-6.50%
03/08/2024
|
Claire Davis
Engel & Volkers Annapolis
| |
|
11/20/2023
|
2 Bed
|
2 Bath
|
1046 ft²
|
$285,000
2 Bed
2 Bath
1046 ft²
|
$265,000
-7.02%
03/29/2024
|
Michele McFadden
RE/MAX First Choice
| |
|
11/14/2023
|
2 Bed
|
2 Bath
|
1018 ft²
|
$325,000
2 Bed
2 Bath
1018 ft²
|
$300,000
-7.69%
08/05/2024
|
Kyriacos Papaleonti
Academy Realty Inc.
| |
|
11/13/2023
|
2 Bed
|
2 Bath
|
1017 ft²
|
$319,000
2 Bed
2 Bath
1017 ft²
|
$280,000
-12.23%
04/29/2024
|
Bridget Fischer
Coastal Realty Maryland
| |
|
10/25/2023
|
2 Bed
|
2 Bath
|
1048 ft²
|
$325,000
2 Bed
2 Bath
1048 ft²
|
$295,000
-9.23%
02/23/2024
|
Robert Hartman
Long & Foster Real Estate, Inc.
| |
|
10/20/2023
|
2 Bed
|
2 Bath
|
1020 ft²
|
$339,000
2 Bed
2 Bath
1020 ft²
|
$309,000
-8.85%
01/26/2024
|
Elizabeth Montaner
Coldwell Banker Realty
| |
|
10/11/2023
|
2 Bed
|
2 Bath
|
1136 ft²
|
$350,000
2 Bed
2 Bath
1136 ft²
|
$318,000
-9.14%
11/22/2023
|
Barbara McCaffrey
Redfin Corp
| |
|
09/29/2023
|
2 Bed
|
2 Bath
|
1008 ft²
|
$299,900
2 Bed
2 Bath
1008 ft²
|
$275,000
-8.30%
08/21/2024
|
Julie Katcef
Engel & Volkers Annapolis
| |
|
09/03/2023
|
2 Bed
|
2 Bath
|
1009 ft²
|
$309,000
2 Bed
2 Bath
1009 ft²
|
$269,000
-12.94%
03/21/2024
|
Jaime Watt
Long & Foster Real Estate, Inc.
| |
|
08/08/2023
|
2 Bed
|
2 Bath
|
1048 ft²
|
$399,000
2 Bed
2 Bath
1048 ft²
|
$348,565
-12.64%
11/30/2023
|
Stephanie Henry
Keller Williams Flagship of Maryland
| |
|
07/18/2023
|
2 Bed
|
2 Bath
|
1005 ft²
|
$299,000
2 Bed
2 Bath
1005 ft²
|
$295,000
-1.34%
02/29/2024
|
Sherrie Weeks
Maryland Living, LLC
| |
|
06/16/2022
|
2 Bed
|
2 Bath
|
1008 ft²
|
$277,000
2 Bed
2 Bath
1008 ft²
|
-
-
|
Dawn Friend
Iron Valley Real Estate of Central MD
| |
|
08/13/2021
|
2 Bed
|
2 Bath
|
1154 ft²
|
$230,000
2 Bed
2 Bath
1154 ft²
|
-
-
|
Harmony Campbell
Coldwell Banker Realty
| |
|
06/04/2021
|
1 Bed
|
2 Bath
|
1047 ft²
|
$275,000
1 Bed
2 Bath
1047 ft²
|
-
-
|
Angela Shearer
Academy Realty Inc.
| |
|
01/10/2021
|
2 Bed
|
2 Bath
|
1017 ft²
|
$220,000
2 Bed
2 Bath
1017 ft²
|
$220,000
06/16/2021
|
Alex Tower Sears
| |
|
10/05/2020
| |
2 Bed
|
2 Bath
|
-
|
$284,900
2 Bed
2 Bath
|
-
-
|
-
|
|
12/03/2020
|
2 Bed
|
2 Bath
|
1048 ft²
|
$230,000
2 Bed
2 Bath
1048 ft²
|
$230,000
02/03/2021
|
NON MEMBER
Non Subscribing Office
| |
|
08/21/2020
|
2 Bed
|
2 Bath
|
1008 ft²
|
$249,900
2 Bed
2 Bath
1008 ft²
|
-
-
|
-
| |
|
06/11/2020
|
2 Bed
|
2 Bath
|
1008 ft²
|
$214,900
2 Bed
2 Bath
1008 ft²
|
$200,000
-6.93%
01/06/2021
|
Kyriacos Papaleonti
| |
|
06/05/2020
|
2 Bed
|
2 Bath
|
1154 ft²
|
$234,900
2 Bed
2 Bath
1154 ft²
|
-
-
|
-
| |
|
02/19/2020
|
2 Bed
|
2 Bath
|
1048 ft²
|
$265,000
2 Bed
2 Bath
1048 ft²
|
$265,000
07/08/2020
|
Kyriacos Papaleonti
| |
|
01/27/2020
|
2 Bed
|
2 Bath
|
1046 ft²
|
$265,000
2 Bed
2 Bath
1046 ft²
|
-
-
|
-
| |
|
09/11/2019
| |
2 Bed
|
2 Bath
|
-
|
$229,000
2 Bed
2 Bath
|
-
-
|
-
|
|
07/10/2019
|
2 Bed
|
2 Bath
|
1008 ft²
|
$210,000
2 Bed
2 Bath
1008 ft²
|
-
-
|
-
| |
|
06/14/2019
|
2 Bed
|
2 Bath
|
1154 ft²
|
$249,000
2 Bed
2 Bath
1154 ft²
|
$250,000
+0.40%
04/28/2020
|
Christopher Carr
| |
|
03/15/2019
|
2 Bed
|
2 Bath
|
1005 ft²
|
$215,000
2 Bed
2 Bath
1005 ft²
|
-
-
|
-
| |
|
02/21/2019
|
2 Bed
|
2 Bath
|
1046 ft²
|
$225,000
2 Bed
2 Bath
1046 ft²
|
$227,000
+0.89%
04/12/2019
|
Stephen Graves
| |
|
12/12/2018
|
2 Bed
|
2 Bath
|
1005 ft²
|
$205,000
2 Bed
2 Bath
1005 ft²
|
$197,000
-3.90%
04/12/2019
|
Jennifer Chino
| |
|
08/23/2018
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
|
08/22/2018
|
2 Bed
|
2 Bath
|
1136 ft²
|
-
2 Bed
2 Bath
1136 ft²
|
-
-
|
-
| |
|
08/15/2018
|
2 Bed
|
2 Bath
|
1005 ft²
|
$219,900
2 Bed
2 Bath
1005 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1007 ft²
|
-
2 Bed
2 Bath
1007 ft²
|
-
-
|
-
|
|
05/30/2017
|
2 Bed
|
2 Bath
|
1007 ft²
|
$213,000
2 Bed
2 Bath
1007 ft²
|
$213,000
10/18/2017
|
Edmund D Heffernan II
Coldwell Banker Realty
| |
|
09/01/2015
|
2 Bed
|
2 Bath
|
1154 ft²
|
$183,000
2 Bed
2 Bath
1154 ft²
|
$183,000
09/25/2015
|
Kyriacos Papaleonti
Academy Realty Inc.
| |
|
08/23/2013
|
2 Bed
|
2 Bath
|
1007 ft²
|
$149,900
2 Bed
2 Bath
1007 ft²
|
$149,900
09/30/2013
|
Nancy J Smith
Coldwell Banker Realty
| |
|
06/21/2013
|
2 Bed
|
2 Bath
|
1008 ft²
|
$150,000
2 Bed
2 Bath
1008 ft²
|
$144,000
-4.00%
08/29/2013
|
Patrick McCarthy
RE/MAX Leading Edge
| |
|
06/12/2013
|
2 Bed
|
2 Bath
|
1005 ft²
|
$150,000
2 Bed
2 Bath
1005 ft²
|
$148,500
-1.00%
10/25/2013
|
Jennifer K Chino
Coldwell Banker Realty
| |
|
03/19/2013
|
2 Bed
|
2 Bath
|
1136 ft²
|
$159,900
2 Bed
2 Bath
1136 ft²
|
$147,500
-7.75%
04/17/2013
|
Patrick McCarthy
RE/MAX Leading Edge
|
Building Info
2900 Shipmaster Way
2900 Shipmaster Way, Annapolis, MD 21401
- 1 Unit for Sale
About Parole
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$3,750 /mo
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Listed by: Shawn Basford
RE/MAX Advantage Realty
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDAA2076990
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
RE/MAX Advantage Realty
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDAA2076990
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017