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Derek Jeter Sells Greenwood...

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

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

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:

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

Wright Bros. Real Estate

Broker

$11.4M

vol

2 deals

Broker

Market 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

2.52%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93