187 Royce Drive
About This Property
Step into this beautifully maintained 4-bedroom, 3-bathroom home located in a peaceful neighborhood in Winston-Salem, just minutes from shopping, dining, and major highways. Built in 2020, this home offers a perfect blend of style, space, and functionality.
Enjoy an open-concept floor plan featuring a spacious living room with gas log FP, elegant dining area with built-in shelving, and a modern kitchen with stainless steel appliances and tile backsplash, ample cabinet space, and sleek Granite countertops-ideal for entertaining or everyday living. Nestled off the Living Room is an addition room that can be used as a study, office, or flex space.
The primary suite boasts a large walk-in closet and en-suite bath for your private retreat. Three additional bedrooms provide flexibility for guests, a home office, or growing families, and each have their own WIC.
Step outside to a fully fenced-in backyard, perfect for pets, play, or weekend gatherings. A two-car garage offers convenience and extra storage space.
Don't miss your chance to own this turnkey home in a desirable Winston-Salem location. Schedule your showing today!
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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 |
|---|---|---|---|
| Sep 9, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by Re/MaxDiamond Realty | $365,000 | |
| Listed by Re/MaxDiamond Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017