RealT Secondary

13245 Monica St, Detroit, MI 48238

🇺🇸 Detroit, MI

⚠️ RealT platform notice: RealT suspended rental distributions to global investors in Feb 2026, and City of Detroit litigation, a court rent-escrow order, and a sale process are underway. The yields, NAV and rent shown below are past data (avg ~2 years old) that RealT stopped updating and do not reflect current income. Only the on-chain market price (YAM) is live.
13245 Monica St, Detroit, MI 48238 — photo 1 1 / 8

Total Asset Value

$136,000

$872,780 raised

Price

$8.00 / token -27.3% vs previous fill

-84.4% vs issue price · NAV $42.35 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.32%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

79.05%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 2 ! 0 ✓ 4

red = caution · click to inspect each signal

Cheapest live asks on YAM — prices current; yield uses frozen rent

$8.00 · 1.94935 tokens 79.05%
$11.50 · 1 tokens 54.99%
$19.70 · 0.15 tokens 32.10%

🔔 Watch this property

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

Risk check Fully occupied Tax foreclosure risk Blight fines unpaid Minimal flood risk Sellable -84% vs issue

Overview

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

Exit & Liquidity

2/9
Sellability
Traded recently
Trades (7d)
0 fills

Chance of selling

ⓘ
42% within 7 days
50% within 30 days

RealT platform average. Measured 2026-07-29: across 754 listings a listing’s own history did not predict its next period — month-to-month swings (27–61%) are larger than the differences between listings.

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
11d ago 1.0507 $8.00 $8.41
Aug 23, 2026 1.0434 $64.03 RMM $66.81
Jul 20, 2026 0.5 $64.03 RMM $32.02
Jun 16, 2026 0.83 $11.00 $9.13
Jun 16, 2026 0.17 $11.00 $1.87
May 15, 2026 0.05 $13.01 $0.65
May 12, 2026 0.3 $12.29 $3.69
May 3, 2026 0.1 $11.17 $1.12
Apr 28, 2026 7 $15.00 $105.00
Apr 20, 2026 0.1 $11.47 $1.15
Mar 27, 2026 1.25 $7.00 $8.75
Mar 26, 2026 0.2 $10.00 $2.00
Mar 26, 2026 1.55 $10.00 $15.50
Mar 21, 2026 5 $30.00 $150.00
Mar 19, 2026 4 $10.00 $40.00
Feb 28, 2026 2.64 $18.00 $47.52
Feb 28, 2026 19.9 $17.54 $349.05
Feb 27, 2026 0.14 $18.00 $2.52
Feb 26, 2026 0.05 $17.54 $0.88
Feb 25, 2026 0.05 $18.00 $0.90

Returns

7/11
Net APY
12.32%
Gross APY
16.89%
Cash-on-cash
12.32%
Gross rent / yr
$147,456.00
Monthly rent
$12,288.00
Net rent / yr
$107,510.40
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 1264 fills, oldest first
Metric

interval

Dec 22 $6.00–$74.00 Oct 26

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.

Net 73%
Costs 27%
Net rent $107,510.40/yr distributed to holders of $147,456.00 gross rent collected

Valuation

11/17
Current price / token
$8.00 · 1.0507 tokens ($8.41) · 11d ago
Appraisal NAV
$42.35 · frozen
Premium / discount vs NAV
-81.1% · frozen
Underlying value
$720,000.00
ZIP home value (Zillow)
$55,725.94
ZIP rent (Zillow)
$1,140.90
Median home value (ACS)
$67,400.00
Median rent (ACS)
$984.00
HUD fair market rent
$1,540.00 (5BR · ZIP)
County-implied value (2× assessed)
$624,400.00
Last recorded sale
$120,000.00 (1991-06-01)

Risk

9/16
LTV
Not provided
Occupancy
16/16 units
Vacancy rate (tract)
24.80%
Vacancy rate (county)
12.90%
Income vs county
-38.8%
Income trend
+63.3%
Population trend
-25.4%
County tax standing
SUBJECT TO FORECLOSURE · $75,027.59
Blight tickets
60 tickets · 43 unpaid ($22,025.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
832
Total tokens
17,000
Top holder
22.35%
Top 5
42.69%
Top 10
47.81%
Largest holding
2,550 tokens
Effective holders
15.2
HHI
656.2
Distribution of the top 25 holders and the combined remainder — hover for value & quantity

Read live from Gnosis Chain: every holder's on-chain balance across 832 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price.

Property & Neighborhood

10/13
Address
Not provided
Taxpayer of record
MICHIGAN REAL TOKEN II LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
5x2, 11x1 Bed / 16 Bath
Size
9,182 sqft
Year built
1930
Operating since
2021-12-20 (4y 9m in)
Median income (tract)
$36,429.00
Population (tract)
1,941

Off-chain neighborhood data — US Census ACS 5-year (tract 536500) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.