735 RUNABOUT LOOP #735
About This Property
Welcome to this stunning 3-bedroom, 2-bath end-unit condo offering nearly 2,000 sq ft of light-filled living space with breathtaking water views from every room. Located on the 3rd floor with soaring cathedral ceilings, this home features a spacious open layout, wood floors throughout the main areas, and plush carpet in the bedrooms.
The expansive kitchen is a chef's dream-granite countertops, abundant cabinetry, gas cooking, center island, breakfast bar, and a sunny eat-in area. The living room is surrounded by windows, anchored by a cozy fireplace, and flows into a charming dining alcove-perfect for entertaining.
Retreat to the oversized primary suite with water views, a luxurious en-suite bath, and generous closet space. Two additional bedrooms offer flexibility for guests or a home office.
This move-in ready condo is located in the gated waterfront community of Solomons Landing, complete with a marina. Includes two boat slips and a reserved parking space. Enjoy resort-style amenities and the tranquility of coastal living just steps from the water.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 27, 2025 | In contract | - | |
| In contract | |||
| Oct 4, 2025 | Listed by Coldwell Banker Realty | $599,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/04/2025
|
3 Bed
|
2 Bath
|
1900 ft²
|
$599,900
3 Bed
2 Bath
1900 ft²
|
$570,000
-4.98%
11/07/2025
|
Jeannine Wayson
Coldwell Banker Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017