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RealT Secondary

S 10147 Somerset Ave, 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 10147 Somerset Ave, Detroit, MI 48224 — photo 1 1 / 12

Total Asset Value

$10,800

$70,983 raised

Price

$8.00 / token 0.0% vs previous fill

-84.8% vs issue price · NAV $51.85 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.59%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

69.61%

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

$13.00 · 1 tokens 42.84%
$16.19 · 13.777669 tokens 34.40%
$49.00 · 15.2 tokens 11.37%

🔔 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 -85% 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
10d ago 0.6563 $8.00 $5.25
10d ago 1.3437 $8.00 $10.75
Apr 24, 2026 0.01 $18.00 $0.18
Apr 17, 2026 0.09 $18.00 $1.62
Apr 17, 2026 1.9 $18.00 $34.20
Mar 25, 2026 2 $4.21 $8.41
Mar 3, 2026 0.2 $24.90 $4.98
Mar 1, 2026 0.2 $18.70 $3.74
Feb 26, 2026 1 $20.30 $20.30
Feb 24, 2026 6.4719 $16.19 $104.78
Feb 23, 2026 0.3059 $16.19 $4.95
Feb 23, 2026 0.2223 $17.72 $3.94
Feb 17, 2026 0.9408 $19.00 $17.87
Feb 17, 2026 1.0689 $19.00 $20.31
Feb 16, 2026 1.5482 $25.00 $38.71
Feb 9, 2026 0.6289 $31.50 $19.81
Feb 9, 2026 0.6178 $35.00 $21.62
Feb 9, 2026 0.6543 $31.50 $20.61
Feb 6, 2026 2.0993 $40.00 $83.97
Feb 6, 2026 2.0993 $35.00 $73.48

Returns

7/11
Net APY
10.59%
Gross APY
15.81%
Cash-on-cash
10.59%
Gross rent / yr
$11,220.00
Monthly rent
$935.00
Net rent / yr
$7,518.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 276 fills, oldest first
Metric

interval

Dec 22 $0.01–$79.43 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 67%
Costs 33%
Net rent $7,518.00/yr distributed to holders of $11,220.00 gross rent collected

Valuation

12/17
Current price / token
$8.00 · 0.6563 tokens ($5.25) · 10d ago
Appraisal NAV
$51.85 · frozen
Premium / discount vs NAV
-84.6% · frozen
Underlying value
$70,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$40,300.00
Median rent (ACS)
$985.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-43.7%
County-implied value (2× assessed)
$32,400.00
Last recorded sale
$55,500.00 (2022-11-30)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
27.00%
Vacancy rate (county)
12.90%
Income vs county
-52.4%
Income trend
-6.8%
Population trend
-0.2%
County tax standing
SUBJECT TO FORECLOSURE · $4,939.95
Blight tickets
17 tickets · 17 unpaid ($8,705.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
321
Total tokens
1,350
Top holder
2.84%
Top 5
10.59%
Top 10
16.61%
Largest holding
25.79 tokens
Effective holders
131.3
HHI
76.2
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 321 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
RHMS GROUP, INC.
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
1,162 sqft
Year built
1939
Operating since
2022-08-01 (4y 2m in)
Median income (tract)
$28,304.00
Population (tract)
1,639

Off-chain neighborhood data — US Census ACS 5-year (tract 501200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.