facebook
Traded Co logo
Submit
Daily limit: 0/10

Derek Jeter Sells Greenwood Lake Mansion For $6.3M Through Diane Mitchell, Wright Bros. RE

Property Image
SOLD
$6,300,000

New York

See Similar Deals
Single Family9,000 SF
Sold 06/04/2024
the dealplayerscompscontact
Property Image
SOLD

Derek Jeter Sells Greenwood Lake Mansion For $6.3M Through Diane Mitchell, Wright Bros. RE

Single Family9,000 SF
Sold 06/04/2024
Contact now

Summary

Asset Type:Single Family
Price Per Square Foot:$700
Total Square Footage:9,000 SF
Transaction Type:Sale

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:

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.

Players

Diane Mitchell
2 deals$11.4M volume(845) 480-1819
BROKER

Details

SOLD
IMAGE: - UNDER CONTRACT IMAGE: Diane Mitchell & Derek Jeter DATE: 06/04/2024 MARKET: Greenwood Lake ASSET TYPE: Single Family SELLER: Derek Jeter (@DerekJeter) BROKER: Diane Mitchell (@DianeMitchellRealEstate) - Wright Bros. Real Estate PRICE: $6,300,000 SF: 9,000 ~ PPSF: $700 NOTE: Derek Jeter has finally sold his distinctive Greenwood Lake mansion in upstate New York for $6.3 million, significantly reducing the asking price from its initial $14.75 million listing in 2018.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$336,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$22,382.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,865.21
Annual Debt Service$358,382.57