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Lofty Secondary

2208 Murray Ave, Atlantic City, NJ 08401

🇺🇸 Atlantic City, NJ

2208 Murray Ave, Atlantic City, NJ 08401 — photo 1 1 / 12

Total Asset Value

$280,739

$626,650 raised

Price

$22.40 / token +4.2% vs previous fill

-55.2% vs issue price

Buy on Lofty ↗

🕒 Realized yield

14.47%

average of yield over time, to date

📈 Current Market Yield

29.49%

net rent ÷ current market price

⚠️ Risk signals

✕ 1 ! 1 ✓ 4

red = caution · click to inspect each signal

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Short-term rental Rent current Rent 232% above HUD FMR Minimal flood risk Yield dipped to 0.7% Sellable -55% vs issue

Overview

4/5
Platform
Lofty
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Active

Exit & Liquidity

6/9
Sellability
Two-sided
Trades (7d)
7 fills
AMM pool cash (USDC)
$0.00
AMM pool tokens
0
Order book — buy
679
Order book — sell
215

Executed trades

20 fills

Actual fills on the secondary market, newest first — not open orders. Updated hourly; where a transaction hash exists the date links to the chain.

When Tokens Price Value
1d ago 0.4228 $22.40 $9.47
1d ago 0.1277 $21.50 $2.75
1d ago 0.8723 $21.89 $19.09
6d ago 1 $21.89 $21.89
6d ago 1.1475 $19.89 $22.82
6d ago 1 $20.00 $20.00
6d ago 1 $21.89 $21.89
7d ago 0.4568 $21.89 $10.00
9d ago 1 $21.89 $21.89
9d ago 1.0561 $19.89 $21.01
10d ago 7.3738 $21.89 $161.41
10d ago 4.4075 $20.00 $88.15
10d ago 0.835 $20.00 $16.70
11d ago 3.05 $20.00 $61.00
12d ago 1 $20.00 $20.00
13d ago 0.7519 $19.89 $14.96
13d ago 2 $19.89 $39.78
13d ago 0.85 $20.00 $17.00
Oct 2, 2026 9.2925 $16.70 $155.18
Oct 2, 2026 1 $17.00 $17.00

Returns

9/11
Net APY
13.21%
Gross APY
13.21%
Realized ARY
14.47%
Cap rate
7.72%
Cash-on-cash
5.96%
Gross rent / yr
$98,375.04
Monthly rent
$8,197.92
NOI / yr
$19,721.88
Total rent paid
Not provided
Payout cadence
Monthly
since Nov 2024 · 18 monthly payouts
Metric

Net yield over time

Avg 14.47%
Nov 2024 0.70%–34.03% Sep 2026

Operating costs (annual) — the drag from gross rent to NOI

Property tax $7,341.00 7.46%
Insurance $23,284.68 23.67%
Management $11,141.88 11.33%
Utilities $35,499.12 36.09%
Total operating costs $77,266.68 78.54%
Gross rent → NOI $98,375.04 → $19,721.88

How net yield is calculated

Tenants pay gross rent, but property management (~7%), insurance, property tax, maintenance and the platform fee come out before you’re paid. Net rent is what’s left to distribute — those costs fall on the investor, not the platform. The platform keeps only its listing/trading fee.

Why the payout swings. Lofty distributes the actual cash collected each month, so a repair, a vacancy or a fee lands in the month it happens — the bars above move with it. You see costs raw, as they occur, not averaged out.

Valuation

13/17
Current price / token
$22.40 · 0.4228 tokens ($9.47) · 1d ago
Appraisal NAV
$50.00
Premium / discount vs NAV
-55.2%
Underlying value
$627,000.00
Sale price
$603,750.00
ZIP home value (Zillow)
$223,324.50
This price vs ZIP
+170.3%
ZIP rent (Zillow)
$1,721.75
This rent vs ZIP
+376.1%
Median home value (ACS)
$189,000.00
Median rent (ACS)
$1,122.00
HUD fair market rent
$2,470.00 (5BR · ZIP)
Rent vs HUD FMR
+231.9%

Risk

12/16
LTV
49.00%
Property price
$603,750.00
Loan
$296,056.30
Equity
$307,693.70
Monthly loan repayment
$0.00
Occupancy
Occupied
Vacancy rate (tract)
12.80%
Vacancy rate (county)
17.70%
Income vs county
-45.0%
Income trend
+12.4%
Population trend
+8.2%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

⚠️ Monthly loan repayment is $0 (deferred) — the 49% loan isn’t being serviced now, which inflates current cash yield, but the $296,056.30 principal still claims sale proceeds.

Whale concentration

High
Holders (wallets)
≈ 242ⓘ
Total tokens
12,540
Top holder
47.14%
Top 5
89.88%
Top 10
91.97%
Largest holding
5,908 tokens
Effective holders
2.6
HHI
3,873.7
Distribution of the top 25 holders and the combined remainder — hover for value & quantity

Read live from Algorand: every holder's on-chain balance across 242 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price. The platform's own holder count can run slightly higher — it also counts owners pooled in its custodial wallet.

Property & Neighborhood

9/13
Address
Not provided
Location
Atlantic City, NJ
Country
United States
Property type
Short-term rental
Beds / baths
5 Bed / 2 Bath
Size
2,363 sqft
Year built
2024
Operating since
2024-11-21 (1y 10m in)
Median income (tract)
$42,219.00
Population (tract)
1,705

Off-chain neighborhood data — US Census ACS 5-year (tract 001300) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.