9
Map
11044 Windjammer Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2026 | Listed by Christie's Lone Star | $4,000,000 | |
| Listed by Christie's Lone Star | |||
| Sep 18, 2026 | Sold | ||
| Sold | |||
| Jun 13, 2026 | Listed by Listing Results, LLC | $900,000 | |
| Listed by Listing Results, LLC | |||
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Build your house on a rare lakeside lot in Frisco, Texas, in the neighborhood of Wynwood Haven Estates. Walk down to the cove and launch your kayak or paddleboard feet from your backyard. This is a unique location for anyone who enjoys country living near a fast-growing suburban area north of Dallas, with easy access to the towns of Little Elm, Frisco, and the Colony. This property is located in unincorporated Denton County, within an established waterfront neighborhood where lakefront land is valuable, with an optional HOA fee. For a builder, investor, or future owner planning a residence, the appeal lies in the combination of waterfront exposure, Frisco mailing address, parcel size, and redevelopment potential. The land can be evaluated for a design that uses the lakeside of the property as the main feature, with living spaces, patios, terraces, and landscape concepts oriented towards the water, subject to all required approvals. Survey and property documents can be reviewed during the purchaser evaluation. Existing structure and property offered as is with no seller repairs. The purchaser will verify lot size, square footage, taxes, utilities, permits, flood status, lake access, building requirements, Corps of Engineers matters, easements, and restrictions.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017