Sussex East/West is a leased-land, 55-plus* community (*up to 20% of owners may be younger than 55-years-old). Sussex East is located approximately 5.5 miles from the Lewes public beach, with the Cape Henlopen State Park beaches...and the famous Rehoboth Beach boardwalk not much farther away. This community has a unique location with direct access to the State Park's hiking/biking trail through common groundsshed. This 3 bedroom 2 full bath manufactured home was built in 1994 and offers a newer vinyl plank floor in the kitchen and primary bath. The kitchen has an island and is open to the family room with access to a covered deck. Central Ac and newer furnace in 2024. New insulated skirting. Two pets are allowed in Sussex East, and they have a fenced dog park near the community's indoor salt-water pool and a new pickle ball court. (Note: Family & friends may always visit, but rentals and subletting are NOT permitted in this community). Leasehold interest: Current Base Lot Rent, less any community related fees for trash/recycle and the State's RTF, is $628.81/mt. (Lease will renew again on July 1, 2027 with any increase capped as per 25 Del. C. Sec. 7050-7054). Homeowner pays electric, water, sewer, fuel (metered natural gas), recycling & lawn maintenance. RHP, the community owner, requires an Application from the Buyer, with acceptance based on the following criteria: 1.)income verification, 2.)favorable credit bureau score, including evaluation of debt-to-income ratio, and 3.)clean criminal background check. 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 3.75% transfer tax (DMV Doc Fee) & a Settlement Agent fee.

    Source: BRIGHT MLS, MLS#: DESU2113382

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    • Property Type
      Residential
    • Lot
      0.10 acres

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    • Median Age
      61
    • Population Density
      462
    • College Educated
      55%
    • Estimated Median Income
      $74,544
    • Estimated Total Home Owners
      10,856
    • Estimated Total Renters
      1,968
    • Owner / Renter Divide
      85% / 15%
    • Estimated Average Household Size
      2
    • Total Population
      27,123
    • Community data courtesy of LiveBy, Inc.

    Owning this Home

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    $ %
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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    Life at 7 DEVON LANE #E-5


    Schools


    School data courtesy of LiveBy, Inc.
    Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.
    Listing provided courtesy of SEA BOVA ASSOCIATES INC.- MLS# DESU2113382MLS ProviderContact Information: 3022271222

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