580 Columbine Dr
About This Property
Inside, the open floor plan creates an easy flow between the living, dining, and kitchen areas. The home features beautiful Australian Cypress hardwood floors, brand-new carpet installed in 2026, and fresh interior and exterior paint completed in 2026. Stainless steel appliances and ample cabinet space provide a functional kitchen layout with plenty of potential for future updates.
The primary suite includes a five-piece ensuite bathroom and generous closet space, while two additional bedrooms offer flexibility for guests, work, or hobbies. As the community's former model home, the property also includes a solid copper whole-home hi-fi audio wiring system with individual room volume controls throughout.
Downstairs, more than 2,000 square feet of unfinished basement space with egress windows provides a blank canvas for future expansion, whether that be additional bedrooms, recreation space, or a home gym.
Outside, the fully fenced backyard offers plenty of room to enjoy the one-acre lot. The property includes an irrigation system, a dedicated putting green, and is hot-tub ready. A three-car garage provides additional storage and convenience.
Backing directly to open space with miles of walking trails and located within the Antelope Hills community, this home offers the opportunity to enjoy wide-open surroundings while remaining within reach of the Denver metro area.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017