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RealT Secondary

8898 Marlowe St, Detroit, MI 48228

🇺🇸 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.
8898 Marlowe St, Detroit, MI 48228 — photo 1 1 / 10

Total Asset Value

$3,911

$83,622 raised

Price

$2.37 / token +2.2% vs previous fill

-95.3% vs issue price · NAV $39.39 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.13%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

195.17%

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

$6.30 · 1 tokens 73.42%
$7.00 · 1 tokens 66.08%
$10.00 · 2.965942 tokens 46.24%

🔔 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 -95% 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
Sep 19, 2026 0.1 $2.37 $0.24
Sep 19, 2026 0.1 $2.32 $0.23
Sep 19, 2026 0.1 $2.28 $0.23
Sep 19, 2026 0.1 $2.24 $0.22
Sep 19, 2026 0.1 $2.20 $0.22
Sep 19, 2026 0.1 $2.16 $0.22
Sep 19, 2026 0.1 $2.12 $0.21
Jul 10, 2026 0.55 $10.00 $5.50
Jul 5, 2026 0.4841 $10.00 $4.84
May 5, 2026 0.1 $11.56 $1.16
Apr 20, 2026 0.2 $11.28 $2.26
Apr 13, 2026 0.35 $10.65 $3.73
Apr 9, 2026 0.2 $9.32 $1.86
Apr 7, 2026 0.25 $8.72 $2.18
Apr 7, 2026 0.1 $8.34 $0.83
Apr 7, 2026 0.1 $7.90 $0.79
Apr 1, 2026 1 $7.95 $7.95
Mar 28, 2026 5.8688 $5.85 $34.33
Mar 28, 2026 0.3 $5.85 $1.75
Mar 28, 2026 0.6611 $5.85 $3.87

Returns

7/11
Net APY
9.13%
Gross APY
15.50%
Cash-on-cash
9.13%
Gross rent / yr
$12,960.00
Monthly rent
$1,080.00
Net rent / yr
$7,632.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 138 fills, oldest first
Metric

interval

Nov 24 $2.12–$60.00 Sep 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 59%
Costs 41%
Net rent $7,632.00/yr distributed to holders of $12,960.00 gross rent collected

Valuation

12/17
Current price / token
$2.37 · 0.1 tokens ($0.24) · Sep 19, 2026
Appraisal NAV
$39.39 · frozen
Premium / discount vs NAV
-94.0% · frozen
Underlying value
$65,000.00
ZIP home value (Zillow)
$69,915.08
ZIP rent (Zillow)
$1,213.33
Median home value (ACS)
$40,400.00
Median rent (ACS)
$845.00
HUD fair market rent
$1,500.00 (3BR · ZIP)
Rent vs HUD FMR
-28.0%
County-implied value (2× assessed)
$39,600.00
Last recorded sale
$94,500.00 (2021-11-30)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
17.70%
Vacancy rate (county)
12.90%
Income vs county
-48.4%
Income trend
+31.3% (county)
Population trend
+0.7% (county)
County tax standing
SUBJECT TO FORECLOSURE · $3,309.02
Blight tickets
5 tickets · 4 unpaid ($2,045.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
411
Total tokens
1,650
Top holder
6.90%
Top 5
18.19%
Top 10
24.23%
Largest holding
80 tokens
Effective holders
84.5
HHI
118.3
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 411 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
LOGOSNET LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
892 sqft
Year built
1960
Operating since
2025-02-01 (1y 8m in)
Median income (tract)
$30,742.00
Population (tract)
3,984

Off-chain neighborhood data — US Census ACS 5-year (tract 535800) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.