21272 M Street # M-1

Rehoboth Bay Community has boat slips for rent, a community boat ramp, a boat storage area, a bayfront pool, a crabbing/fishing pier, a small sandy beach near the pool, tennis/pickleball courts & more! And it is just 6.5 miles to the famous Rehoboth boardwalk. This home is located on a corner lot with views of the Bay from the front porch and side deck. The 2008 Pine Grove doublewide home is 20x60 for 1,200 sq. ft. of living space. The open concept floor plan has the living room opening to the dining area and the spacious kitchen. Bright coastal paint colors accent the home and it has all new luxury vinyl plank flooring. The kitchen has a stainless steel appliance package. The main bedroom is en Suite. That oversized bathroom has a double sink vanity, a walk-in shower, and a nook for a dressing table. The main bedroom has a walk-in closet and a double-door linen closet, which could also be used for clothing if you prefer to place a free-standing linen storage rack in the nook. The other two bedrooms are generously sized, and they share the second full bath in the hall, which has a tub shower. Big laundry room with front-load washer & dryer set, overhead cabinets, and an open-shelving storage area. Since the home has a new all-in-one outdoor HVAC Pac Unit, the original HVAC closet in the laundry room is now a great utility closet. Storage shed. Golf carts are permitted in this community. Hometown America allows 2 pets (no fences, though). No short-term rentals of any kind (longer rental terms may be approved by the Community Owner). Leasehold Interest: Lot Rent of approx. $795/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, and cable/Internet. 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. (Note: Family & friends may always visit, but rentals are NOT permitted in this community.) Financing may be available to qualified borrowers from only a very few Lenders who 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.