RealT Secondary

10021 Grayton St, Detroit, MI 48224

🇺🇸 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.
10021 Grayton St, Detroit, MI 48224 — photo 1 1 / 4

Total Asset Value

$16,500

$62,403 raised

Price

$15.00 / token 0.0% vs previous fill

-73.6% vs issue price · NAV $56.36 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.80%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

44.64%

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

$16.00 · 2 tokens 41.85%
$20.00 · 6 tokens 33.48%
$50.00 · 1.000205 tokens 13.39%

🔔 Watch this property

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

Risk check Fully occupied Property tax delinquent Blight fines unpaid Minimal flood risk Sellable -74% 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
Apr 29, 2026 0.02 $15.00 $0.30
Apr 28, 2026 0.16 $15.00 $2.40
Apr 28, 2026 0.6156 $15.00 $9.23
Apr 28, 2026 0.4662 $15.00 $6.99
Apr 28, 2026 0.335 $15.00 $5.03
Apr 28, 2026 0.2 $15.00 $3.00
Apr 28, 2026 0.1 $15.00 $1.50
Apr 28, 2026 0.1 $15.00 $1.50
Feb 22, 2026 0.1 $17.25 $1.73
Feb 17, 2026 0.05 $19.00 $0.95
Feb 17, 2026 0.95 $19.00 $18.05
Feb 15, 2026 0.4679 $25.00 $11.70
Jan 27, 2026 0.1 $55.03 RMM $5.50
Jan 27, 2026 0.1 $50.00 RMM $5.00
Jan 25, 2026 0.0001 $56.73 RMM $0.00
Jan 17, 2026 0.05 $52.05 $2.60
Jan 17, 2026 0.05 $52.05 $2.60
Jan 17, 2026 0.05 $52.05 $2.60
Jan 2, 2026 1.299 $57.80 $75.08
Dec 26, 2025 0.04 $50.00 RMM $2.00

Returns

7/11
Net APY
11.80%
Gross APY
15.92%
Cash-on-cash
11.80%
Gross rent / yr
$9,936.00
Monthly rent
$828.00
Net rent / yr
$7,365.60
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 321 fills, oldest first
Metric

interval

Dec 22 $10.00–$69.99 Apr 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 $7,365.60/yr distributed to holders of $9,936.00 gross rent collected

Valuation

12/17
Current price / token
$15.00 · 0.02 tokens ($0.30) · Apr 29, 2026
Appraisal NAV
$56.36 · frozen
Premium / discount vs NAV
-73.4% · frozen
Underlying value
$62,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$54,700.00
Median rent (ACS)
$1,254.00
HUD fair market rent
$1,360.00 (2BR · ZIP)
Rent vs HUD FMR
-39.1%
County-implied value (2× assessed)
$50,600.00
Last recorded sale
$33,000.00 (2006-10-17)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
30.70%
Vacancy rate (county)
12.90%
Income vs county
-42.8%
Income trend
-9.3%
Population trend
-13.5%
County tax standing
DELINQUENT · $653.98
Blight tickets
10 tickets · 5 unpaid ($1,800.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
234
Total tokens
1,100
Top holder
13.66%
Top 5
36.45%
Top 10
45.13%
Largest holding
110 tokens
Effective holders
22.3
HHI
449.4
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 234 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
Single-family
Beds / baths
2 Bed / 1 Bath
Size
915 sqft
Year built
1939
Operating since
2021-06-23 (5y 3m in)
Median income (tract)
$34,063.00
Population (tract)
2,933

Off-chain neighborhood data — US Census ACS 5-year (tract 501000) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.