RealT Secondary

18276 Appoline St, Detroit, MI 48235

🇺🇸 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.
18276 Appoline St, Detroit, MI 48235 — photo 1 1 / 12

Total Asset Value

$9,800

$85,484 raised

Price

$7.00 / token 0.0% vs previous fill

-88.5% vs issue price · NAV $61.06 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.54%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

100.67%

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

$7.00 · 0.907162 tokens 100.67%
$60.00 · 12.139 tokens 11.74%
$61.06 · 12.1385 tokens 11.54%

🔔 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 -89% vs issue

Overview

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

Exit & Liquidity

2/9
Sellability
No recent trades
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
8d ago 0.03 $7.00 $0.21
8d ago 0.0628 $7.00 $0.44
Apr 20, 2026 0.01 $30.00 RMM $0.30
Feb 23, 2026 0.9 $18.56 $16.70
Feb 22, 2026 0.1 $18.56 $1.86
Feb 11, 2026 0.01 $52.00 $0.52
Feb 9, 2026 0.01 $52.00 $0.52
Feb 9, 2026 1 $52.00 $52.00
Feb 9, 2026 1 $35.00 $35.00
Feb 6, 2026 3 $54.00 $162.00
Feb 5, 2026 2 $54.00 $108.00
Jan 18, 2026 12.1385 $58.00 $704.03
Jan 18, 2026 0 - $0.00
Jan 17, 2026 1 $54.30 RMM $54.30
Dec 18, 2025 0.2 $61.06 $12.21
Dec 5, 2025 0.01 $59.00 RMM $0.59
Dec 5, 2025 1 $60.00 $60.00
Dec 5, 2025 2 $60.00 $120.00
Dec 1, 2025 1 $59.00 RMM $59.00
Nov 30, 2025 10 $61.06 $610.60

Returns

7/11
Net APY
11.54%
Gross APY
14.25%
Cash-on-cash
11.54%
Gross rent / yr
$12,180.00
Monthly rent
$1,015.00
Net rent / yr
$9,865.80
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 210 fills, oldest first
Metric

interval

Jan 23 $7.00–$149.00 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 81%
Costs 19%
Net rent $9,865.80/yr distributed to holders of $12,180.00 gross rent collected

Valuation

12/17
Current price / token
$7.00 · 0.03 tokens ($0.21) · 8d ago
Appraisal NAV
$61.06 · frozen
Premium / discount vs NAV
-88.5% · frozen
Underlying value
$85,486.57
ZIP home value (Zillow)
$96,180.92
ZIP rent (Zillow)
$1,331.22
Median home value (ACS)
$114,000.00
Median rent (ACS)
$1,361.00
HUD fair market rent
$1,620.00 (3BR · ZIP)
Rent vs HUD FMR
-37.3%
County-implied value (2× assessed)
$104,000.00
Last recorded sale
$65,000.00 (2020-06-02)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
9.80%
Vacancy rate (county)
12.90%
Income vs county
-20.4%
Income trend
+30.9%
Population trend
+0.2%
County tax standing
SUBJECT TO FORECLOSURE · $9,513.04
Blight tickets
10 tickets · 5 unpaid ($1,305.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
216
Total tokens
1,400
Top holder
11.11%
Top 5
33.27%
Top 10
47.72%
Largest holding
120 tokens
Effective holders
29.7
HHI
336.6
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 216 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 1 LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1.5 Bath
Size
1,309 sqft
Year built
1950
Operating since
2020-05-12 (6y 5m in)
Median income (tract)
$47,389.00
Population (tract)
3,884

Off-chain neighborhood data — US Census ACS 5-year (tract 539400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.