35
Map
$265,000
●
House -
For Sale
2806 Royal Avenue
Kannapolis, NC 28083
2 Beds
1 Bath
900 Ft²
$1,302
Est. Monthly
About This Property
Welcome home to this charming, fully renovated 2-bedroom, 1-bath
home nestled on a spacious lot in a quiet, established Kannapolis
neighborhood! This move-in-ready gem offers the perfect blend of
modern updates, comfort, and convenience and is sure to
impress.
Enjoy the peace and privacy of a tucked-away setting, just minutes from major highways, shopping, restaurants, and entertainment. The generous lot provides plenty of outdoor space for relaxing, entertaining, gardening, or simply enjoying your own backyard retreat.
Whether you're a first-time homebuyer, looking to downsize, or searching for a great investment opportunity, this beautifully updated home checks all the boxes. Small-town charm, modern comfort, and a convenient location-all wrapped up in one affordable, inviting package!
Don't miss your opportunity to make this Kannapolis gem your own!
Enjoy the peace and privacy of a tucked-away setting, just minutes from major highways, shopping, restaurants, and entertainment. The generous lot provides plenty of outdoor space for relaxing, entertaining, gardening, or simply enjoying your own backyard retreat.
Whether you're a first-time homebuyer, looking to downsize, or searching for a great investment opportunity, this beautifully updated home checks all the boxes. Small-town charm, modern comfort, and a convenient location-all wrapped up in one affordable, inviting package!
Don't miss your opportunity to make this Kannapolis gem your own!
Unit Size
900 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$294
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 days ago (CANOPYMLS #CAR4438515)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2026 | Listed by CTL Properties LLC | $265,000 | |
| Listed by CTL Properties LLC | |||
| Aug 27, 2026 | Sold | ||
| Sold | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jul 19, 2026 | Price Decreased |
$104,900
↓ $10K
(8.7%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed by Referral Realty US LLC | $114,900 | |
| Listed by Referral Realty US LLC | |||
   | |||
|
Investor alert! Bring your ideas for this 1 story home located in city limits of Kannapolis, NC. 2806 Royal Ave is a 900 sqft 2 bedroom, 1 bath home built in 1950. Level 0.26 acre lot with fenced backyard and storage sheds. Easy access to major roads and highways. Located 12 miles from Concord Mills mall & Charlotte Motor Speedway. Commute to downtown Charlotte is 25-30 miles. See agent remarks.
| |||
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Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: Driveway
Interior Details
Full Bathrooms: 1
Interior Features: Open Floorplan
Appliances: Dishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Refrigerator with Ice Maker
Flooring Type: Laminate
Laundry Features: In Kitchen, Inside, Main Level
Has Fireplace
Fireplace Features: Electric, Family Room
Exterior Details
Square Footage: 900
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Year Built: 1950
Levels: One
Other Structures: Outbuilding, Shed(s)
Construction Materials: Aluminum Siding
Patio and Porch Features: Awning(s), Covered, Front Porch
Lot Features: Level
Lot Size Area: 0.26
Lot Size Units: Acres
Lot Size Acres: 0.26
Lot Size Square Feet: 11325.6
Lot Size Dimensions: 75x153
Water Source: Public
Financial Details
Tax Assessed Value: $184,920
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Kannapolis
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Listed by: Charles Lamere, CTL Properties LLC
Last Updated: 5 days ago
Data Source: CANOPYMLS, MLS# CAR4438515
Last Updated: 5 days ago
Data Source: CANOPYMLS, MLS# CAR4438515
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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