RealT Secondary

15373 Parkside St, Detroit, MI 48238

🇺🇸 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.
15373 Parkside St, Detroit, MI 48238 — photo 1

Total Asset Value

$16,500

$64,702 raised

Price

$15.00 / token 0.0% vs previous fill

-74.5% vs issue price · NAV $58.18 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.26%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

44.16%

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

$10.00 · 1 tokens 66.24%
$57.00 · 1 tokens 11.62%
$58.82 · 1 tokens 11.26%

🔔 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 -74% 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
Apr 15, 2026 1 $15.00 $15.00
Apr 8, 2026 1 $15.00 $15.00
Mar 26, 2026 3 $2.00 $6.00
Mar 2, 2026 0.0768 $17.47 $1.34
Feb 26, 2026 0.0232 $17.47 $0.40
Feb 18, 2026 0.9677 $23.00 $22.26
Feb 17, 2026 0.0323 $23.00 $0.74
Feb 13, 2026 2 $5.88 $11.76
Jan 10, 2026 4.7773 $59.00 $281.86
Dec 14, 2025 2 $59.00 $118.00
Dec 12, 2025 0.1 $53.00 $5.30
Dec 12, 2025 2 $52.94 $105.88
Dec 3, 2025 2 $52.79 $105.58
Oct 31, 2025 0.1227 $56.98 $6.99
Oct 1, 2025 0.19 $52.00 $9.88
Sep 17, 2025 1 $58.82 $58.82
Aug 30, 2025 2 $60.00 $120.00
Aug 29, 2025 1 $56.75 $56.75
Aug 26, 2025 15 $60.00 $900.00
Aug 23, 2025 1 $60.00 $60.00

Returns

7/11
Net APY
11.26%
Gross APY
14.84%
Cash-on-cash
11.26%
Gross rent / yr
$9,600.00
Monthly rent
$800.00
Net rent / yr
$7,286.04
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 198 fills, oldest first
Metric

interval

Jan 23 $2.00–$94.47 Apr 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 76%
Costs 24%
Net rent $7,286.04/yr distributed to holders of $9,600.00 gross rent collected

Valuation

12/17
Current price / token
$15.00 · 1 tokens ($15.00) · Apr 15, 2026
Appraisal NAV
$58.18 · frozen
Premium / discount vs NAV
-74.2% · frozen
Underlying value
$64,000.00
ZIP home value (Zillow)
$55,725.94
ZIP rent (Zillow)
$1,140.90
Median home value (ACS)
$52,200.00
Median rent (ACS)
$1,173.00
HUD fair market rent
$1,420.00 (3BR · ZIP)
Rent vs HUD FMR
-43.7%
County-implied value (2× assessed)
$62,000.00
Last recorded sale
$51,000.00 (2021-05-05)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
37.20%
Vacancy rate (county)
12.90%
Income vs county
-49.0%
Income trend
+34.7%
Population trend
-18.4%
County tax standing
SUBJECT TO FORECLOSURE · $9,389.28
Blight tickets
6 tickets · 3 unpaid ($1,190.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
263
Total tokens
1,100
Top holder
8.28%
Top 5
23.34%
Top 10
30.86%
Largest holding
55 tokens
Effective holders
55.7
HHI
179.5
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 263 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 III LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
1,258 sqft
Year built
1923
Operating since
2021-03-01 (5y 7m in)
Median income (tract)
$30,368.00
Population (tract)
1,273

Off-chain neighborhood data — US Census ACS 5-year (tract 530300) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.