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RealT Secondary

1174 Chalmers St, Detroit, MI 48123

🇺🇸 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.
1174 Chalmers St, Detroit, MI 48123 — photo 1 1 / 6

Total Asset Value

$18,300

$152,940 raised

Price

$6.10 / token -39.0% vs previous fill

-88.0% vs issue price · NAV $27.67 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.16%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

84.92%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 3 ! 1 ✓ 3

red = caution · click to inspect each signal

Cheapest live asks on YAM — prices current; yield uses frozen rent

$14.50 · 0.275825 tokens 35.72%
$29.00 · 2.289022 tokens 17.86%
$40.01 · 3 tokens 12.95%

🔔 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 Rent 31% above HUD FMR Moderate flood risk Sellable -88% 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
9d ago 1 $6.10 $6.10
Jul 8, 2026 1 $49.97 RMM $49.97
Jul 7, 2026 0.1227 $47.40 RMM $5.82
Jul 7, 2026 0.3 $47.40 RMM $14.22
Jul 6, 2026 0.0181 $47.40 RMM $0.86
Jul 6, 2026 0.1 $47.40 RMM $4.74
Jun 9, 2026 0.9362 $10.00 $9.36
Jun 8, 2026 1.0638 $10.00 $10.64
May 12, 2026 0.3 $12.58 $3.77
Apr 20, 2026 0.5 $12.50 $6.25
Apr 15, 2026 0.5 $10.97 $5.49
Apr 10, 2026 0.2 $10.20 $2.04
Apr 10, 2026 0.5 $10.09 $5.04
Mar 27, 2026 0.1499 $6.90 $1.03
Mar 27, 2026 2.85 $9.00 $25.65
Mar 13, 2026 0.3165 $15.75 $4.98
Mar 1, 2026 20 $15.29 $305.88
Feb 27, 2026 0.4242 $14.50 $6.15
Feb 23, 2026 0.2999 $14.50 $4.35
Feb 22, 2026 0.2758 $15.50 $4.28

Returns

7/11
Net APY
10.16%
Gross APY
14.91%
Cash-on-cash
10.16%
Gross rent / yr
$22,800.00
Monthly rent
$1,900.00
Net rent / yr
$15,540.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 173 fills, oldest first
Metric

interval

Feb 24 $6.10–$73.89 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 68%
Costs 32%
Net rent $15,540.00/yr distributed to holders of $22,800.00 gross rent collected

Valuation

11/17
Current price / token
$6.10 · 1 tokens ($6.10) · 9d ago
Appraisal NAV
$27.67 · frozen
Premium / discount vs NAV
-78.0% · frozen
Underlying value
$83,000.00
ZIP home value (Zillow)
$94,954.39
Median home value (ACS)
$62,000.00
Median rent (ACS)
$850.00
HUD fair market rent
$1,450.00 (3BR · ZIP)
Rent vs HUD FMR
+31.0%
County-implied value (2× assessed)
$28,600.00
Last recorded sale
$2,700.00 (1977-12-01)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
41.40%
Vacancy rate (county)
12.90%
Income vs county
-57.0%
Income trend
+31.3% (county)
Population trend
+0.7% (county)
County tax standing
SUBJECT TO FORECLOSURE · $3,202.12
Blight tickets
14 tickets · 10 unpaid ($1,900.00)
FEMA flood zone
X

Whale concentration

Low
Holders (wallets)
511
Total tokens
3,000
Top holder
2.99%
Top 5
12.71%
Top 10
20.83%
Largest holding
60 tokens
Effective holders
130.4
HHI
76.7
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 511 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 Beds / 1.5 Baths
Size
1,460 sqft
Year built
1913
Operating since
2024-05-15 (2y 5m in)
Median income (tract)
$25,565.00
Population (tract)
2,156

Off-chain neighborhood data — US Census ACS 5-year (tract 512800) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.