25 Spinning Wheel Ln, Rehoboth Beach, DE 19971

Property Description

Colonial East is located in the "Midway" area of Rehoboth, so you'll be an equal distance - about 4 miles - to the Rehoboth boardwalk or the Lewes public beach! And there is a water park, movie theater, fitness center with racquetball, and restaurants just a short distance from the community. You can catch the DART bus just outside of the community, too, to reach the beaches. This nicely updated 12’x60’ Skyline Buddy has a 10’x20’ 4-season addition, so there’s plenty of space for vacation or year-round living. The home features casual coastal paint colors, crown molding, recessed lights, and luxury vinyl plank flooring. The living room adjoins the kitchen. The spacious kitchen has breakfast-bar seating. The stainless steel appliance package complements the bright white cabinetry and the hi-def countertops. Appliances include a smooth-top electric range, built-in microwave, a dishwasher, and a refrigerator with an ice maker. The home’s addition is an idea place for your dining room table. The main bedroom is at the rear of the home. The other two bedrooms are located in the middle of the home. The remodeled full bath, with a tub/shower & a double-sink vanity, is in the hall between the bedrooms. There is also a laundry area in the hall with a full-size stacked washer & dryer set. Forced air LP gas heat and central AC. Storage shed. Nice side yard near the addition for a veggie garden..or if you want to add a patio for outdoor living space or just a small paver area for your grill. Property is subject to a transferrable, annually-renewable leasehold interest: Lot Rent is $795.04/mt. (renews annually on June 1st with any increases capped as per 25 Del. C. Sec. 7050-7054). Lot rent includes membership to the outdoor pool. Trash/recycle and the State’s Relocation Trust Fund (RTF) are extra fees are added to the base lot rent. Buyer pays electric, water, sewer & metered gas (LP). A Park application is required, and a Buyer will be accepted as a Resident based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. (Note: Rentals are NOT permitted in this community - but friends & family may always visit.) Financing may be available to qualified borrowers from a few Lenders that specialize in installment/chattel loans for mobile/manufactured homes on leased land. Closing costs include a real estate transfer tax (3.75% DMV Doc Fee) & a Settlement Agent fee.