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115 Painted Trellis
About This Property
The home's defining feature is its breathtaking double-height ceiling spanning both the living and dining areas, creating an extraordinary sense of space. Two elegant designer chandeliers enhance the dramatic living area, while rich wood flooring and numerous upgrades add warmth and sophistication throughout.
A welcoming foyer leads to the private first-floor suite with a walk-in closet and en-suite bathroom. The chef's kitchen features a large island, stainless steel appliances, upgraded backsplash, and a sink overlooking mature trees and the neighborhood. The kitchen flows seamlessly into the dining area and great room, while a powder room and private backyard complete the main level.
Upstairs, a spacious loft provides flexible living space, along with a separate laundry room and two additional bedroom suites. The primary suite features three large windows with beautiful tree views, a spacious walk-in closet, and an upgraded bathroom.
Recent improvements include a new washing machine (2024), new microwave, garbage disposal, kitchen water filter, upgraded primary shower system, updated lighting, and meticulous ongoing maintenance.
Combining a rare three-suite layout, dramatic architecture, premium upgrades, and a highly walkable location, this exceptional home also enjoys Cypress Village's outstanding amenities, including resort-style pools, parks, playgrounds, sports courts, and scenic trails-offering one of Irvine's most desirable lifestyles.
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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 |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Listed by Keller Williams Realty Irvine | $1,499,000 | |
| Listed by Keller Williams Realty Irvine | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017