RealT Secondary

16012 Maddelein 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.
16012 Maddelein St, Detroit, MI 48205 — photo 1 1 / 4

Total Asset Value

$11,200

$73,906 raised

Price

$8.00 / token -20.0% vs previous fill

-84.8% vs issue price · NAV $52.79 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

8.51%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

56.17%

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 · 1.549517 tokens 56.17%
$35.01 · 1 tokens 12.83%
$43.01 · 1 tokens 10.45%

🔔 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 -85% 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 1.4505 $8.00 $11.60
Jul 7, 2026 1 $52.75 RMM $52.75
Jul 5, 2026 1 $10.00 $10.00
Apr 30, 2026 5 $5.00 $25.00
Apr 15, 2026 10.8 $12.93 $139.64
Apr 9, 2026 1 $10.00 $10.00
Apr 9, 2026 1 $20.00 RMM $20.00
Mar 16, 2026 1 $24.00 $24.00
Mar 12, 2026 0.4 $16.10 $6.44
Mar 9, 2026 0.0086 $8.97 $0.08
Mar 1, 2026 2.6891 $17.79 $47.84
Feb 26, 2026 10.8 $15.53 $167.72
Feb 24, 2026 0.44 $15.53 $6.83
Feb 23, 2026 0.2505 $16.53 $4.14
Feb 23, 2026 0.3109 $17.79 $5.53
Feb 21, 2026 0.501 $19.59 $9.81
Feb 15, 2026 1.0329 $23.00 $23.76
Feb 15, 2026 0.9671 $23.00 $22.24
Feb 15, 2026 0.1511 $20.00 $3.02
Feb 11, 2026 0.1521 $29.00 $4.41

Returns

7/11
Net APY
8.51%
Gross APY
14.29%
Cash-on-cash
8.51%
Gross rent / yr
$10,560.00
Monthly rent
$880.00
Net rent / yr
$6,290.64
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 140 fills, oldest first
Metric

interval

Sep 23 $5.00–$70.93 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 60%
Costs 40%
Net rent $6,290.64/yr distributed to holders of $10,560.00 gross rent collected

Valuation

12/17
Current price / token
$8.00 · 1.4505 tokens ($11.60) · 11d ago
Appraisal NAV
$52.79 · frozen
Premium / discount vs NAV
-84.8% · frozen
Underlying value
$73,900.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$55,600.00
Median rent (ACS)
$1,155.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-44.7%
County-implied value (2× assessed)
$22,000.00
Last recorded sale
$3,937.00 (2014-02-20)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
18.70%
Vacancy rate (county)
12.90%
Income vs county
-28.5%
Income trend
+15.5%
Population trend
+32.0%
County tax standing
SUBJECT TO FORECLOSURE · $2,525.45
Blight tickets
5 tickets · 4 unpaid ($780.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
424
Total tokens
1,400
Top holder
2.37%
Top 5
8.56%
Top 10
13.23%
Largest holding
25.844 tokens
Effective holders
180.2
HHI
55.5
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 424 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
GREAT CITY LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
931 sqft
Year built
1943
Operating since
2023-09-15 (3y 1m in)
Median income (tract)
$42,537.00
Population (tract)
4,042

Off-chain neighborhood data — US Census ACS 5-year (tract 500100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.