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RealT Secondary

S 11965 Lakepointe 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.
S 11965 Lakepointe St, Detroit, MI 48224 — photo 1 1 / 7

Total Asset Value

$17,277

$70,525 raised

Price

$13.29 / token +2.2% vs previous fill

-75.5% vs issue price · NAV $53.85 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.65%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

43.46%

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 tokens 72.20%
$19.69 · 2 tokens 29.33%
$20.00 · 8 tokens 28.88%

🔔 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 -76% 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
Aug 16, 2026 1.5 $62.01 RMM $93.02
Jul 8, 2026 1 $54.25 RMM $54.25
May 15, 2026 0.3 $13.29 $3.99
Apr 29, 2026 4 $13.00 $52.00
Mar 20, 2026 1 $11.00 $11.00
Mar 5, 2026 0.257 $19.00 $4.88
Mar 4, 2026 1.743 $19.00 $33.12
Mar 3, 2026 1.4192 $18.73 $26.58
Feb 27, 2026 1 $19.69 $19.69
Feb 26, 2026 0.5808 $16.11 $9.36
Feb 17, 2026 1.3793 $19.00 $26.21
Feb 17, 2026 0.6207 $19.00 $11.79
Feb 13, 2026 0.0833 $21.20 $1.77
Feb 13, 2026 2.4167 $21.20 $51.23
Feb 6, 2026 1.4193 $30.00 $42.58
Jan 29, 2026 0.5807 $40.00 $23.23
Jan 3, 2026 1.5992 $45.00 $71.96
Jan 3, 2026 0.4008 $45.00 $18.04
Dec 27, 2025 2 $48.83 $97.65
Nov 22, 2025 3 $46.12 $138.36

Returns

7/11
Net APY
10.65%
Gross APY
16.05%
Cash-on-cash
10.65%
Gross rent / yr
$11,316.00
Monthly rent
$943.00
Net rent / yr
$7,508.40
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 243 fills, oldest first
Metric

interval

Dec 22 $0.01–$82.42 May 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 66%
Costs 34%
Net rent $7,508.40/yr distributed to holders of $11,316.00 gross rent collected

Valuation

12/17
Current price / token
$13.29 · 0.3 tokens ($3.99) · May 15, 2026
Appraisal NAV
$53.85 · frozen
Premium / discount vs NAV
-75.3% · frozen
Underlying value
$70,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$78,300.00
Median rent (ACS)
$1,266.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-43.2%
County-implied value (2× assessed)
$62,000.00
Last recorded sale
$33,000.00 (2022-08-17)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
18.00%
Vacancy rate (county)
12.90%
Income vs county
-17.1%
Income trend
+40.7%
Population trend
-7.6%
County tax standing
SUBJECT TO FORECLOSURE · $11,795.55
Blight tickets
12 tickets · 12 unpaid ($3,220.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
475
Total tokens
1,300
Top holder
2.01%
Top 5
8.35%
Top 10
12.97%
Largest holding
26 tokens
Effective holders
188
HHI
53.2
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 475 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 Bath
Size
1,223 sqft
Year built
1943
Operating since
2022-09-01 (4y 1m in)
Median income (tract)
$49,336.00
Population (tract)
4,284

Off-chain neighborhood data — US Census ACS 5-year (tract 500700) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.