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119 DANDRIDGE LANE
About This Property
Built just four years ago by Gray Construction, this 3-bedroom, 2.5-bath home offers the charm of living in one of Colonial Beach's most loved neighborhoods with the comfort and ease of newer construction.
Step inside and the first thing you'll notice is how open the home feels. The kitchen, dining area, and great room all flow together, creating one large, comfortable living space that works just as well for quiet mornings as it does for a house full of friends. The kitchen features granite countertops, stainless steel appliances, plenty of cabinetry, and an oversized eat-at counter with room to gather.
New LVP flooring runs throughout the home, giving the entire space a fresh, cohesive feel. The split-bedroom floor plan creates separation between the primary suite and additional bedrooms, while one of the secondary bedrooms has direct access to a full bath that also opens to the hallway-giving guests convenient access without sacrificing the bedroom's functionality.
But this house is just as much about what happens outside. The large covered front porch is ready for morning coffee and catching up with neighbors, while the back deck gives you a spot to relax, entertain, and catch a view of the Potomac River just a block away.
And when you live on The Point, the neighborhood becomes part of the house. Walk to the river, hop on the golf cart for a ride along the water, or head into town for the beaches, boardwalk, restaurants, boutiques, and everything that makes Colonial Beach such a fun place to call home.
Nearly new, easy to maintain, and right where you want to be-this one gives you the Colonial Beach lifestyle without giving up the modern comforts of a newer home.
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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%.
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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 |
|---|---|---|---|
| Sep 25, 2026 | Listed by Coldwell Banker Elite | $550,000 | |
| Listed by Coldwell Banker Elite | |||
| Dec 27, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017