6249 POTOMAC DRIVE
About This Property
Don't miss this incredible opportunity to add value in the heart of Dahlgren! This 3 bedroom, 1 bath cottage is full of potential and ready for the right investor or handy homeowner to bring it back to life. Featuring original wood floors, spacious bedrooms, full bathroom with linen closet and potential for a dedicated laundry room. Outside you will find a fully fenced in backyard, paved driveway, 2 outbuildings with electric. This property offers great bones and endless possibilities for renovation.
Conveniently located just minutes from the Dahlgren Naval Base, Harry Nice Bridge, and the Machodoc Creek marina, it's perfectly positioned for commuters, military families, or short and long-term rental opportunities. With an ARV estimated around $350,000, there's plenty of room for equity and profit.
Bring your vision and turn this cottage into a cozy dream or a strong cash-flowing investment!
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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 20, 2025 | Sold | ||
| Sold | |||
| Oct 12, 2025 | In contract | - | |
| In contract | |||
| Oct 4, 2025 | Listed by Real Broker, LLC | $220,000 | |
| Listed by Real Broker, LLC | |||
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About Dahlgren
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017