5650 Orchid Way
About This Property
Step into this stunning 4-bedroom, 4-bath 2016 built home nestled in the heart of Cypress. This exquisite residence is set on a picturesque larger corner lot in the prestigious MacKay Subdivision. Imagine a beautifully landscaped backyard, complete with mature hedges, a charming center fountain and a large pergola with shade screen, perfect for outdoor gatherings.
Upon entering, you'll find the expansive, open concept living room maximizing natural light, ideal for relaxation and entertainment. The dining area features a bar, wine cooler and glass display with gorgeous wood-look ceramic floors and upgraded finishes throughout.Adjacent is the gourmet kitchen, a chef's paradise - perfect for creating culinary delights. Top-of the-line appliances ensure exceptional performance for all your cooking needs. The elegant quartz countertops provide ample workspace, while the roll-out cabinets and deep drawers offer storage for all your kitchen essentials. A pantry keeps things organized and a spacious island with a breakfast bar is perfect for casual dining for friends. Direct access to the garage makes unloading groceries a breeze.
The first floor hosts a beautiful guest bathroom and versatile bedroom that can serve as a guest suite, gym or office complete with a built-in desk.
Upstairs you will find an impressive master suite, a true sanctuary, offering an expansive walk-in closet and luxurious spa-like bathroom with separate bathtub and large shower for the ultimate relaxation experience. You will also discover two additional bedrooms, each with its own ensuite bath, ensuring comfort and privacy for all. A well-sized laundry room adds to the convenience.
This home is designed with practicality offering ample storage with garage cabinets, an epoxy garage floor, a second fridge, and a whole house water softener enhancing your everyday living experience!
Located one block from a lovely park with a walking trail, basketball court, and playground, this home is perfect for families. The safe family-friendly neighborhood is part of the award-winning Cypress school district, ensuring your children's excellent education.
This gorgeous home is close to shopping and dining - an ideal location for those seeking the best Cypress has to offer. Imagine a life of unparalleled luxury and convenience. This home in the sought after MacKay community is priced to sell quickly - schedule a viewing today and start living the dream!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jun 16, 2024 | Listed by Kathy Zajac, Broker | $1,675,000 | |
| Listed by Kathy Zajac, Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017