21205 M St #M-32, Rehoboth Beach, DE 19971

Description

Rehoboth Bay Community has boat slips for rent, a community boat ramp, a boat storage area, a Bay-front pool, a crabbing/fishing pier, a little beach, tennis/pickleball courts & more! And it is just 6.5 miles to the famous Rehoboth boardwalk. This like-new 2019 Commadore is ready for your enjoyment! Freshly painted. The open floor plan has vaulted ceilings and luxury vinyl plank flooring throughout. The living room has built in shelving, which is perfect for an entertainment center. The kitchen has a breakfast-bar island and a stainless steel appliance package. There’s a fridge with ice maker, dishwasher, a gas range, and a built-in microwave. The kitchen also features soft-close drawers and a stainless steel farm sink. The dining area adjoins the kitchen. The hallway leads you back to the main bedroom. It is en Suite with the bath having a large step-in shower with a seat, a linen closet, and a walk-in clothes closet. The other two bedroom share the second full bath in the hall, which has a tub/shower. There is second linen closet next to the hall bath and a hall coat closet. The laundry room has a stack washer and dryer and storage cabinets. You are going to love the L-shaped screened porch! Pretty gardens surround the home. There is a storage shed for your gardening, boating, fishing & beach gear. Central AC and gas (LP) furnace. The patio area next to shed is a great place for your barbeque grill. Golf carts are allowed in Rehoboth Bay. The community also allows 2 pets (no fences, though). Leasehold Interest: Lot Rent of approx. $959/mt. includes water service & trash/recycle. (Delaware law caps rent increases as per 25 Del. C. Sec 7050-7054 with Lease renewals on Jan. 1). Homeowner pays electric, sewer, cable/Internet, and lawn maintenance. Hometown America, the community owner, requires an Application from the Buyer (and all adult occupants 18-year-of-age or older), with acceptance based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. No short-term or weekly rentals, but rentals of 6 months or longer are now allowed with approval of the Community Owner. Financing may be available to qualified borrowers from only a few Lenders that specialize in installment/chattel loans for manufactured homes on leased land. Closing costs will include a real estate transfer tax (3.75% DMV Doc Fee) & a Settlement Agent fee.