Kannapolis · Kannapolis, NC
1001 Rainbow Drive
Kannapolis, NC · 942 sqft
$240,000
Reduced from $250,000
- 2Beds
- 1Baths
- 942SqFt
- 2010Year
- 21Days on market
About this home
This charming Kannapolis bungalow offers the perfect blend of comfort, style, and convenience in an established area. Situated on a corner lot, this wonderful home welcomes you with attractive curb appeal, a covered front porch, and a bright open-concept interior filled with natural light, creating an inviting atmosphere that feels both cozy and spacious. The thoughtfully designed layout features an airy living area that opens seamlessly into the kitchen, making it ideal for everyday living and entertaining. The kitchen offers clean white cabinetry, generous prep space, and easy access to the backyard area. Both bedrooms are nicely sized, while the full bath adds character with stylish details and touches. Outside, the property provides low-maintenance living with ample driveway parking and outdoor space to enjoy morning coffee, weekend gatherings, or gardening. Whether you are a first-time homebuyer, downsizing, or looking for an investment opportunity, this move-in ready home delivers comfort, convenience, and a fantastic location!
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 942
- Lot
- —
- Year built
- 2010
- Type
- Single Family
- Days on market
- 21
- Heating
- Heat Pump
- Cooling
- Ceiling Fan(s), Central Air
- Foundation
- Crawl Space
Features
- Open Floorplan
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,766/ month
- Principal & interest
- $1,486
- Property tax (~1.05%)
- $210
- Homeowners insurance
- $70
- HOA dues
- —
Down payment
$12,000 down · $228,000 financed
Income to qualify (28% rule)
~$75,702 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.