No, that sounds right. 🙂
Have a look at the examples on php.net if you're not sure. fetch_object transforms the resource returned by your database into a PHP object. You should then be able to get the field you want like this:
$result4 = $newdodgemod3->default_dodgemod;
fetch_row should work as well. You can use:
$result4 = $newdodgemod3[0];
(you only selected one column from your database, so it'll be the 0th element in the array)