This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $174,166
This home qualifies for the Program
A HOT home may qualify for a special purchase program to help home buyers or investors. Programs are available for only a limited time and may be sponsored by the government or private organizations.
This 1977 home features a delightful enclosed porch with classic jalousie windows. Inside youll find that the living room opens to the eat-n 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. Theres 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-...
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7054). Lot rent includes membership to the outdoor pool. Lawn maintenance, trash/recycle, and the States 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 RThis rent to own home is a mobile or manufactured home located in REHOBOTH BEACH. It offers in size, 3 beds and 1 baths. Review its detailed information and determine if this REHOBOTH BEACH rent to own has the qualities you are looking for.
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Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.
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Consumers should be aware of scams from people posing to be real estate
agents or landlords. So if you're looking to buy or rent make sure you take the
proper precautions. Read more to learn about avoiding scams.