1106 Carroll Street
About This Property
Fully permitted, down-to-the-studs renovation in the heart of Morehead Hill-brand new everything and literally nothing left to do but move in and love it!
1106 Carroll has been rebuilt and reinvented with intention & craft. Roof, windows, siding, HVAC, tankless water heater, electrical, plumbing-plus fresh insulation from top to bottom-set the foundation for truly worry-free living. Beautiful site-finished red oak floors flow through an airy, light-filled layout. The small-but-mighty wood-burning stove anchors the living space with warmth and character.
The kitchen is an absolute standout: huge skylights, modern cabinetry, maple countertops, floating open shelves, new appliances, a generous island, and a large pantry. Outside, the large front porch and back deck extend the home's living space, perfect for birdwatching, grilling, gathering with friends and family, or cozying up next to a fire. And the backyard is begging for the garden you've always wanted (or an ADU!).
This beautiful home sits high on a quiet, friendly street in Morehead Hill, steps from Lyon Park and Morehead Montessori. Downtown Durham, the West End, the Food Co-op, and Isaac's Bagels are just blocks away.
If you've been waiting for a turn-key home with loads of personality and zero compromise, this is it!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 5, 2026 | Sold | ||
| Sold | |||
| Jan 31, 2026 | In contract | - | |
| In contract | |||
| Jan 11, 2026 | Price Decreased |
$365,000
↓ $20K
(5.2%) | |
| Price Decreased | |||
| Dec 30, 2025 | Price Decreased |
$385,000
↓ $25K
(6.1%) | |
| Price Decreased | |||
| Dec 11, 2025 | Price Decreased |
$410,000
↓ $40K
(8.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017