1560 Roy Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Jul 22, 2026 | Sold | ||
| Sold | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Price Decreased |
$675,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| May 6, 2026 | Price Decreased |
$684,900
↓ $15K
(2.1%) | |
| Price Decreased | |||
| Apr 8, 2026 | Listed by KW Reserve Palm Beach | $699,900 | |
| Listed by KW Reserve Palm Beach | |||
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Welcome to 1560 Roy Drive, a stunningly remodeled 4-bedroom, 3-bathroom home offering 2,541 square feet of turnkey living space in a quiet, family-friendly West Palm Beach neighborhood just minutes away from Okeeheelee! Step inside to discover a bright, freshly painted interior with brand-new blinds, elegant new Italian porcelain tile, and plush new carpet flowing throughout the entire house. The heart of the home is a spectacular custom kitchen, boasting solid wood cabinets with soft-close doors and convenient pullouts, perfectly complemented by a suite of top-of-the-line, brand-new GE Cafe appliances. Every bathroom in the home has been completely remodeled with stylish new fixtures, fresh flooring, and updated cabinets, and the laundry room has also been beautifully refreshed to match. This home offers incredible peace of mind with major system upgrades already completed. You will stay comfortable year-round with a BRAND NEW complete air conditioner and furnace system, including all-new ducting and a 2020 shingle roof. The home is also equipped with a new electrical sub-panel, a whole-house generator so you never have to worry about losing power, and partial impact windows paired with panel shutters for excellent storm protection. The swimming pool has been upgraded with a brand-new pool pump and well pump, and it includes a child safety fence for added security. The crown jewel of the property is the fully remodeled pool house. Expertly converted from a workspace into an incredible, fully livable luxury suite, it features its own full kitchen, a walk-in closet, and a stunning bathroom highlighted by a large soaker tub. Situated on a spacious quarter-acre lot with no HOA restrictions, this property is the perfect blend of modern luxury, comfort, and security.
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Property Highlights
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About Forest Hill Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017