$585,000
●
Condo -
Off Market
723 RUNABOUT #723
SOLOMONS, MD 20688
3 Beds
2 Baths
1,985 Ft²
$3,956
Est. Monthly
$725
HOA / Fees
About This Property
Excellent water views from this thoughtfully upgraded condominium
in the Harbor View point location building in Solomons Landing
create the perfect island lifestyle in charming Solomons. The unit
offers an open floor plan featuring beautiful marble and wood
floors and water views from the main living area and primary suite.
The screened deck is accessible from the main living area as well
as the primary suite and office, and overlooks the water and
marina. Your boat slip is visible from the unit and convenient to
the unit for boating enjoyment. A nicely appointed kitchen provides
a great space for food preparation with attractive cabinetry,
granite prep surfaces, pantry, and breakfast area. The kitchen
opens to a dining room and living room area, perfect for
entertaining. Solomons Landing offers resort style amenities where
residents enjoy the best in waterfront living.
Unit Size
1,985 Ft²
Days on Market
-
Land Size
-
Price per sqft
$290
Property Type
Condo
Property Taxes
$407
HOA Dues
$725
Year Built
2004
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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: 4 months ago (Bright MLS #MDCA2026390)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| May 14, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Listed by Monument Sotheby's International Realty | $575,000 | |
| Listed by Monument Sotheby's International Realty | |||
| Jun 10, 2016 | Sold | ||
| Sold | |||
| Apr 22, 2016 | Listed by Home Towne Real Estate | $365,000 | |
| Listed by Home Towne Real Estate | |||
   | |||
|
This is an amzing condo, Luxury living at its best. This single level home offers Marble Rotunda entry foyer,a gourmet kitchen , hardwood floors through out Custum lighting, Ceiling fans, Large master bedroom over looking the marina and owners boat slip, custom master bath, large 2nd and 3rd bedrooms Plantation shutters,Sreened deck with access from Living room, Master and 2nd bedrooms, Classic
| |||
Property Highlights
Elevator
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Pantry, Walk-In Closet(s), Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Primary Bedroom - Bay Front, Upgraded Countertops, Window Treatments, Wood Floors
Appliances: Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Microwave, Gas Oven, Refrigerator, Washer
Flooring Type: Hardwood
Has Fireplace
Fireplace Features: Fireplace - Glass Doors, Gas/Propane
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1985
Square Footage Source: $0
Architectural Style: Contemporary
Year Built Source: Estimated
Year Built: 2004
Waterfront Features: Shared
Waterbody Name: Back Creek
Levels: 1
Other Structures: Above Grade
Construction Materials: HardiPlank Type
Tax Lot: 723
Water Source: Public
Financial Details
Tax Annual Amount: $4,889
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Snow Removal, Trash, Ext Bldg Maint, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Security Gate
HOA/Condo/Coop Amenities: Elevator(s), Fitness Center, Picnic Area, Tennis Court(s), Common Grounds, Community Center, Gated Community, Jog/Walk Path, Pickleball Courts, Pier/Dock, Pool - Outdoor, Putting Green, Reserved/Assigned Parking, Tot Lots/Playground, Water/Lake Privileges
Condo/Coop Fee: $725
Condo/Coop Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
04/22/2016
|
3 Bed
|
2 Bath
|
1500 ft²
|
$365,000
3 Bed
2 Bath
1500 ft²
|
$365,000
06/10/2016
|
Lawrence Stanton
Berkshire Hathaway HomeServices PenFed Realty
|
Building Info
About Solomons
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Listed by: Susan C Thompson
Monument Sotheby's International Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDCA2026390
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Monument Sotheby's International Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDCA2026390
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