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14 Lake Shore Road

Derek Jeter Sells Greenwood Lake Home For $5.1 Million With Diane Mitchell And Elena Bertussi-Bachman
SOLDSingle Family

Derek Jeter Sells Greenwood Lake Home For $5.1 Million With Diane Mitchell And Elena Bertussi-Bachman

14 Lake Shore Road

$5,100,000

$405/SF

Building Size

12,590 SF

Asset Type

Single Family

Closing

Jul 3, 2024

AI

The single-family home located at 14 Lake Shore Road in Greenwood Lake sold for $5,100,000. This property encompasses 12,590 square feet and was sold at a price per square foot of $405. Originally built in 1903, the estate features a total of 24 rooms and has undergone extensive renovations, including an infinity pool, lagoon, and 700 feet of lakefront.

Summary of transaction details:

Derek Jeter successfully sold the property less than two months after initially listing it for $6.3 million. The transaction highlights the involvement of Diane Mitchell as the seller's representative and Elena Bertussi-Bachman representing the buyer in the deal.

Players

Diane Mitchell

Wright Bros. Real Estate

Broker

$11.4M

vol

2 deals

Broker

Greenwood Lake 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

3.11%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93