That is a 4 speed, 500 Bullet deluxe, chromed fuel tank and mudguards, (or gas tank and fenders), other models just had these painted. Known as the iron barrel Bullets in the USA because of their cast-iron cylinder barrels. With a few changes these are broadly similar to the British-built royal Enfield Bullets from the mid 1950s, with the addition of 12V electrical systems, a twin leading shoe front brake and, in this case, an electric starter as well as the kick start.
This model has its own section on the forum. Meanhwhile the AVL-engined Bullet or Electra-X Royal Enfield as it was known in Europe has a different engine, and the cylinder is cast alunin(i)um, not cast iron.
I hope this helps.
A.