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402 Peregrine Drive
About This Property
Ideally located just minutes from Paradise Beach and the Indian River, this exceptional home is also close to 5th Avenue's fine dining, and boutique shopping, Publix, Walmart, and other everyday conveniences. Families will appreciate the proximity to highly rated schools, making this an ideal place to call home. This home truly offers the perfect blend of luxury, comfort, convenience, and coastal livingLocated within a district featuring A-rated schools, this home offers an exceptional opportunity for families seeking top educational options.
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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 |
|---|---|---|---|
| Jul 25, 2026 | Listed by J. Edwards Real Estate | $849,000 | |
| Listed by J. Edwards Real Estate | |||
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | Listed by Prominent Properties of FL,LLC | $719,000 | |
| Listed by Prominent Properties of FL,LLC | |||
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Huge price reduction. Motivated Sellers. Fabulous Ranch home in the prestigious Sanctuary neighborhood. The Sanctuary is a guarded gate community uniquely situated on the barrier island with beautiful Oak tree lined streets. This meticulously cared for home features gracious entry, family room off of kitchen with a cozy fireplace, along w/ a separate large living /flex room. high ceilings and an open floorplan that's flooded with soft natural light and calming neutral colors. Huge back screened porch with French doors looking onto exterior grounds and lush landscaping offering privacy in a fenced yard. Upgrades include 2019 roof, 2023 A/C and Termite Treatment w/Bond, improved well and exterior painting. Community amenities include a community clubhouse, pool and tennis/pickleball courts.
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| Jun 16, 2003 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017