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Preferred Properties Real Estate is Proud to Announce a New Listing in Tinton

Falls, NJ

Preferred Properties Real Estate located in Allenhurst and Rumson is happy to announce that
Michelle Arege-Coffenberg has just listed a 3 bedroom, 2.5 bath condominium located in desirable
Tinton Falls, New Jersey.

Rumson, NJ, November 11, 2019 --(PR.com)-- RUMSON- Preferred Properties Real Estate is pleased to
introduce to the market 28 Karen Drive in beautiful Tinton Falls, New Jersey. Michelle Arege-Coffenberg
is representing the seller in the marketing of the condominium for $285,000.

Preferred Properties Real Estate is proud to present this 3 Bedroom, 2.5 bath end unit townhome, which is
suitable for investors. Maintenance is only $100 per month and taxes are approximately $438 per month.
Current rent is $2200 per month plus utilities, leaves a net income of $19,944 per year, which creates a
7% cap rate at the current asking price.

About Preferred Properties

The Coffenberg Family has owned real estate companies in the Monmouth County area since 1978.
Preferred Properties Real Estate is a full service real estate brokerage dedicated to a long standing
tradition of excellence. Through the use of their global network, comprehensive marketing strategies,
strategic social networking tools and innovative search engine optimization techniques. Preferred
Properties Real Estate provides its agents with the tools they need to provide maximum worldwide
exposure for their clients. For more information on Preferred Properties Real Estate, please visit

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Contact Information:
Preferred Properties
George Coffenberg
Contact via Email

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/799238

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