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Historic Green Harbour Mansion In Lake George Sold For $6.5M To Joe Russell & John LaSalandra With Buyer's Rep Sally Swetland Pepper - Coldwell Banker And Seller's Rep Nicholas Ketter - Realize Brokers

Property Image
SOLD
$6,500,000
Sally Swetland Pepper
Nicholas (Nic) Ketter
JR

New York

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Single Family11,579 SF
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Property Image
SOLD

Historic Green Harbour Mansion In Lake George Sold For $6.5M To Joe Russell & John LaSalandra With Buyer's Rep Sally Swetland Pepper - Coldwell Banker And Seller's Rep Nicholas Ketter - Realize Brokers

114 Green Harbour Ln Lake George, NY 12845, USA

See Similar Deals
Single Family11,579 SF
Sold
Sally Swetland Pepper
Nicholas (Nic) Ketter
JR
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Single Family
Price Per Square Foot:$561
Total Square Footage:11579 SF
Transaction Type:Sale

The historic Green Harbour Mansion in Lake George, located at 114 Green Harbour Lane, has been sold for $6.5 million. The property spans 11,579 square feet, resulting in a price per square foot of $561.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $6,500,000
  • Address: 114 Green Harbour Lane
  • Market: Lake George

Buyers Joe Russell and John LaSalandra acquired the Green Harbour Mansion from seller Ken Ermiger. Sally Swetland Pepper from Coldwell Banker served as the buyer's representative in the deal, while Nicholas Ketter from Realize Brokers represented the seller.

Players

Sally Swetland Pepper
Coldwell Banker
Sally Swetland Pepper
1 deal$6.5M volume(518) 644-2243
BROKER
Nicholas (Nic) Ketter
Realize Brokers & Consultants
Nicholas Ketter
1 deal$6.5M volume(518) 307-7824
BROKER
JR
Joe Russell
3 deals$3.7B volume
BUYER

Details

SOLD
IMAGE: Nicholas Ketter DATE: 06/14/2023 ADDRESS: 114 Green Harbour Lane MARKET: Lake George ASSET TYPE: Single Family BUYER: Joe Russell & John LaSalandra SELLER: Ken Ermiger BUYER'S REP: Sally Swetland Pepper - Coldwell Banker (@ColdwellBanker) SELLER'S REP: Nicholas Ketter - Realize Brokers (@RealizeBrokers_) SALE PRICE: $6,500,000 SF: 11,579 ~ PPSF: $561 NOTE: The historic Green Harbour Mansion in Lake George was sold for $6.5 million to buyers Joe Russell and John LaSalandra. The property, located at 114 Green Harbour Lane, spans 11,579 square feet, resulting in a price per square foot of $561.

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Operating Expenses (Annual)
Net Operating Income (NOI)

$346,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$23,093.12
Cash-on-Cash Return-1.27%
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