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RealT Secondary

18011 Hoover St, Detroit, MI 48205

🇺🇸 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.
18011 Hoover St, Detroit, MI 48205 — photo 1 1 / 9

Total Asset Value

$84,000

$422,604 raised

Price

$10.00 / token 0.0% vs previous fill

-80.1% vs issue price · NAV $41.67 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.29%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

46.74%

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

$5.00 · 9 tokens 93.48%
$10.00 · 1.515942 tokens 46.73%
$18.01 · 5 tokens 25.96%

🔔 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 -80% vs issue

Overview

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

Exit & Liquidity

1/9
Sellability
No recent trades
Trades (7d)
Not provided

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
Jul 20, 2026 0.1992 $49.48 RMM $9.86
Jul 8, 2026 0.8008 $49.48 RMM $39.62
Jun 28, 2026 3.499 $10.00 $34.99
Jun 20, 2026 1 $10.00 $10.00
Jun 14, 2026 5 $10.00 $50.00
Jun 8, 2026 0.501 $10.00 $5.01
May 3, 2026 0.1 $11.51 $1.15
Apr 21, 2026 4 $13.00 $52.00
Apr 17, 2026 3 $13.00 $39.00
Apr 15, 2026 3 $13.00 $39.00
Apr 8, 2026 0.8441 $12.00 $10.13
Apr 7, 2026 1 $16.99 $16.99
Apr 3, 2026 7 $12.00 $84.00
Mar 29, 2026 0.2 $10.00 $2.00
Mar 25, 2026 0.1559 $12.00 $1.87
Mar 23, 2026 0.0985 $13.00 $1.28
Mar 20, 2026 11 $5.50 $60.50
Mar 20, 2026 0.1487 $13.00 $1.93
Mar 16, 2026 0.0806 $14.40 $1.16
Mar 13, 2026 1.9 $18.00 $34.20

Returns

7/11
Net APY
9.29%
Gross APY
17.69%
Cash-on-cash
9.29%
Gross rent / yr
$74,760.00
Monthly rent
$6,230.00
Net rent / yr
$39,264.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 392 fills, oldest first
Metric

interval

May 24 $2.00–$66.71 Jun 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 53%
Costs 47%
Net rent $39,264.00/yr distributed to holders of $74,760.00 gross rent collected

Valuation

11/17
Current price / token
$10.00 · 3.499 tokens ($34.99) · Jun 28, 2026
Appraisal NAV
$41.67 · frozen
Premium / discount vs NAV
-76.0% · frozen
Underlying value
$350,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$67,800.00
Median rent (ACS)
$1,036.00
HUD fair market rent
$1,720.00 (7BR · ZIP)
County-implied value (2× assessed)
$182,800.00
Last recorded sale
$42,000.00 (1995-05-01)

Risk

9/16
LTV
Not provided
Occupancy
7/7 units
Vacancy rate (tract)
14.10%
Vacancy rate (county)
12.90%
Income vs county
-29.8%
Income trend
+31.3% (county)
Population trend
+0.7% (county)
County tax standing
SUBJECT TO FORECLOSURE · $18,785.81
Blight tickets
16 tickets · 9 unpaid ($5,110.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
996
Total tokens
8,400
Top holder
6.32%
Top 5
14.02%
Top 10
18.77%
Largest holding
400 tokens
Effective holders
123.4
HHI
81.1
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 996 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 X LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
7x1 Bed / 7x1 Bath
Size
3,151 sqft
Year built
1955
Operating since
2024-07-15 (2y 3m in)
Median income (tract)
$41,786.00
Population (tract)
4,458

Off-chain neighborhood data — US Census ACS 5-year (tract 505600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.