10 Spinning Wheel Ln

This 1977 home features a delightful enclosed porch with classic jalousie windows. Inside you’ll find that the living room opens to the eat-in kitchen, which has a breakfast bar and space for a dinette set. The kitchen appliances include a gas range, range hood, fridge, and a microwave. The main bedroom is at the rear of home next to the full bath in the hall, which has a tub/shower. The other two bedrooms are to the left of the laundry area in the hall. The laundry includes a Kenmore washer and dryer. There’s a patio area next to the shed. 100amp/220v electric service (Delmarva Power). Metered LP gas for the range and furnace. Newer AC (approx. 2021-2022). Furnished/Turn-Key with some exclusions. 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 theatre, fitness center with racquetball, and restaurants just a short distance from the community. Property is subject to a transferrable, annually-renewable leasehold interest: Lot Rent is currently $619.11/mt. (renews again on December 1, 2025 with any increase capped as per 25 Del. C. Sec. 7050-7054). Lot rent includes membership to the outdoor pool. Lawn maintenance, trash/recycle, and the State’s Relocation Trust Fund (RTF) are extra fees 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 only a very few Lenders that specialize in installment/chattel loans for mobile/manufactured homes on leased land. Closing costs will include a real estate transfer tax (3.75% DMV Doc Fee) & Settlement Agent Fee