RealT Secondary

5846 Crane St, Detroit, MI 48213

🇺🇸 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.
5846 Crane St, Detroit, MI 48213 — photo 1 1 / 7

Total Asset Value

$27,000

$158,700 raised

Price

$9.00 / token -40.0% vs previous fill

-83.0% vs issue price · NAV $52.50 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.02%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

70.67%

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

$9.00 · 1.1996 tokens 70.67%
$10.95 · 10 tokens 58.08%
$13.00 · 0.548505 tokens 48.92%

🔔 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 -83% 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 1.8004 $9.00 $16.20
Oct 2, 2026 0.0642 $15.00 $0.96
Oct 1, 2026 0.3872 $15.00 $5.81
Jul 16, 2026 0.2 $61.00 RMM $12.20
Jul 10, 2026 0.2 $61.00 RMM $12.20
Jun 16, 2026 0.011 $11.00 $0.12
Jun 15, 2026 0.1 $11.00 $1.10
May 11, 2026 0.01 $17.50 $0.18
May 8, 2026 0.01 $17.50 $0.18
May 7, 2026 0.02 $17.50 $0.35
May 7, 2026 0.04 $17.50 $0.70
May 5, 2026 0.0058 $50.30 RMM $0.29
May 5, 2026 0.001 $50.30 RMM $0.05
May 3, 2026 0.05 $18.00 $0.90
Apr 29, 2026 0.08 $18.00 $1.44
Apr 29, 2026 0.17 $18.00 $3.06
Apr 27, 2026 0.1471 $20.00 $2.94
Apr 27, 2026 0.1379 $20.00 $2.76
Apr 27, 2026 0.1214 $20.00 $2.43
Apr 27, 2026 0.1026 $20.00 $2.05

Returns

7/11
Net APY
12.02%
Gross APY
16.26%
Cash-on-cash
12.02%
Gross rent / yr
$25,800.00
Monthly rent
$2,150.00
Net rent / yr
$19,080.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 315 fills, oldest first
Metric

interval

Feb 23 $9.00–$90.73 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 74%
Costs 26%
Net rent $19,080.00/yr distributed to holders of $25,800.00 gross rent collected

Valuation

11/17
Current price / token
$9.00 · 1.8004 tokens ($16.20) · 11d ago
Appraisal NAV
$52.50 · frozen
Premium / discount vs NAV
-82.9% · frozen
Underlying value
$157,500.00
ZIP home value (Zillow)
$46,649.00
ZIP rent (Zillow)
$1,316.25
Median home value (ACS)
$44,200.00
Median rent (ACS)
$482.00
HUD fair market rent
$1,090.00 (2BR · ZIP)
County-implied value (2× assessed)
$80,400.00
Last recorded sale
$82,000.00 (2021-05-12)

Risk

9/16
LTV
Not provided
Occupancy
4/4 units
Vacancy rate (tract)
26.60%
Vacancy rate (county)
12.90%
Income vs county
-70.2%
Income trend
+2.5%
Population trend
-24.5%
County tax standing
SUBJECT TO FORECLOSURE · $11,655.41
Blight tickets
20 tickets · 13 unpaid ($3,965.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
293
Total tokens
3,000
Top holder
16.75%
Top 5
59.06%
Top 10
67.06%
Largest holding
450 tokens
Effective holders
11
HHI
907
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 293 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 REALTOKEN II LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
2x2, 2x1 Bed / 4x1 Bath
Size
3,186 sqft
Year built
1916
Operating since
2021-10-25 (4y 11m in)
Median income (tract)
$17,727.00
Population (tract)
1,796

Off-chain neighborhood data — US Census ACS 5-year (tract 514200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.