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:
- 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
Loading comparables…
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