RealT Secondary

4642 Berkshire 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.
4642 Berkshire St, Detroit, MI 48224 — photo 1 1 / 5

Total Asset Value

$14,995

$73,405 raised

Price

$11.36 / token -1.2% vs previous fill

-79.6% vs issue price · NAV $55.61 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

6.17%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

30.19%

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 tokens 38.11%
$18.87 · 0.135855 tokens 18.17%
$20.00 · 4.090685 tokens 17.15%

🔔 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
Apr 17, 2026 0.3 $11.36 $3.41
Apr 15, 2026 8 $11.50 $92.00
Apr 15, 2026 2 $11.50 $23.00
Apr 13, 2026 0.4 $10.45 $4.18
Apr 9, 2026 0.05 $9.55 $0.48
Apr 9, 2026 0.05 $9.55 $0.48
Apr 9, 2026 0.05 $9.55 $0.48
Apr 7, 2026 0.25 $12.00 $3.00
Apr 7, 2026 0.25 $8.86 $2.21
Apr 1, 2026 1 $7.90 $7.90
Apr 1, 2026 0.25 $6.60 $1.65
Mar 29, 2026 2.7022 $5.85 $15.81
Mar 28, 2026 0.3 $5.85 $1.75
Mar 28, 2026 1.1113 $5.85 $6.50
Mar 28, 2026 0.56 $7.90 $4.42
Mar 28, 2026 0.4257 $7.90 $3.36
Mar 28, 2026 0.9009 $8.90 $8.02
Mar 25, 2026 0.75 $12.00 $9.00
Mar 18, 2026 2 $0.01 $0.02
Mar 9, 2026 1 $10.84 $10.84

Returns

7/11
Net APY
6.17%
Gross APY
15.61%
Cash-on-cash
6.17%
Gross rent / yr
$11,460.00
Monthly rent
$955.00
Net rent / yr
$4,527.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 134 fills, oldest first
Metric

interval

May 24 $0.01–$66.10 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 40%
Costs 60%
Net rent $4,527.00/yr distributed to holders of $11,460.00 gross rent collected

Valuation

12/17
Current price / token
$11.36 · 0.3 tokens ($3.41) · Apr 17, 2026
Appraisal NAV
$55.61 · frozen
Premium / discount vs NAV
-79.6% · frozen
Underlying value
$73,400.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$95,800.00
Median rent (ACS)
$998.00
HUD fair market rent
$1,360.00 (2BR · ZIP)
Rent vs HUD FMR
-29.8%
County-implied value (2× assessed)
$62,400.00
Last recorded sale
$35,500.00 (2020-06-12)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
14.70%
Vacancy rate (county)
12.90%
Income vs county
-29.5%
Income trend
+61.4%
Population trend
+1.4%
County tax standing
SUBJECT TO FORECLOSURE · $7,295.05
Blight tickets
4 tickets · 3 unpaid ($1,190.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
440
Total tokens
1,320
Top holder
5.28%
Top 5
13.92%
Top 10
20.33%
Largest holding
58 tokens
Effective holders
116.8
HHI
85.6
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 440 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 IX LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
2 Beds / 2 Baths
Size
1,230 sqft
Year built
1936
Operating since
2024-06-01 (2y 4m in)
Median income (tract)
$41,964.00
Population (tract)
2,899

Off-chain neighborhood data — US Census ACS 5-year (tract 501900) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.