Updated Dec 4, 2024
Derek Jeter Sells Greenwood Lake Mansion For $6.3M Through Diane Mitchell, Wright Bros. RE
$6,300,000
$700/SF
Building Size
9,000 SF
Asset Type
Single Family
Closing
Jun 4, 2024
About this deal
AI
The Greenwood Lake mansion owned by Derek Jeter in upstate New York has been sold for $6.3 million, a significant reduction from its initial listing price of $14.75 million in 2018. The property spans 9,000 square feet and has a price per square foot of $700.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,300,000
- Seller: Derek Jeter
- Broker: Diane Mitchell - Wright Bros. Real Estate
- Market: Greenwood Lake
Diane Mitchell of Wright Bros. Real Estate represented Derek Jeter in the sale of his Greenwood Lake mansion. The transaction marks a successful deal that saw the property change ownership at a significantly reduced price compared to its initial listing.
Market Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $700 per square foot on a published $6.3M for 9,000 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93