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15923 DOLPHIN DRIVE
About This Property
Perfect for investors or buyers looking to build instant equity, this AS-IS and aggressively priced home offers incredible potential in the sought-after Montclair community of Dumfries. Inside, you'll find a spacious layout with a formal living room, formal dining room, and a kitchen that overlooks the family room. Step outside to a concrete patio and fully fenced backyard, perfect for relaxing or entertaining. A convenient half bath completes the main level. Upstairs features an owner's suite with a walk-in closet and private bath, plus three additional bedrooms and a full hallway bath. The finished lower level includes a large recreation room, laundry area, and a third full bath, providing plenty of flexible living space. Montclair residents enjoy access to Lake Montclair, community beaches, swimming pools, parks, playgrounds, and more. Conveniently located near Route 1, I-95, Quantico, Fort Belvoir, shopping, dining, and outdoor recreation, this home offers outstanding value, strong upside potential, and an unbeatable location. Bring your vision and make it your own! Photos may be virtually staged
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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 |
|---|---|---|---|
| Jul 17, 2026 | Sold | ||
| Sold | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by Keller Williams Realty | $525,000 | |
| Listed by Keller Williams Realty | |||
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About Montclair
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017