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:
- Property Type: Single Family
- Transaction Amount: $5,100,000
- Address: 14 Lake Shore Road
- Market: Greenwood Lake
- Square Footage: 12,590
- Price per Square Foot: $405
- Seller: Derek Jeter
- Seller's Representative: Diane Mitchell - Wright Bros. Real Estate
- Buyer's Representative: Elena Bertussi-Bachman - Howard Hanna Rand Realty
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
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