Updated Oct 25, 2024
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
$6,500,000
$561/SF
Building Size
11,579 SF
Asset Type
Single Family
Closing
Jun 14, 2023
About this deal
AI
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
New York Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93