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RealT Secondary

2661-2663 Cortland St, Detroit, MI 48206

🇺🇸 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.
2661-2663 Cortland St, Detroit, MI 48206 — photo 1 1 / 3

Total Asset Value

$1,700

$89,845 raised

Price

$1.00 / token -94.9% vs previous fill

-98.1% vs issue price · NAV $52.47 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

17.20%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

909.18%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 0 ! 0 ✓ 4

red = caution · click to inspect each signal

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

$10.94 · 10 tokens 83.11%
$48.00 · 3 tokens 18.94%
$50.00 · 5 tokens 18.18%

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Fully occupied Minimal flood risk Sellable -98% 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
10d ago 1.0028 $52.85 RMM $53.00
10d ago 1.0984 $52.85 RMM $58.05
Mar 26, 2026 2 $1.00 $2.00
Feb 21, 2026 0.01 $19.71 $0.20
Feb 20, 2026 9.19 $19.71 $181.13
Feb 20, 2026 0.8 $31.50 $25.20
Feb 11, 2026 1 $31.50 $31.50
Jan 7, 2026 1 $43.99 $43.99
Dec 6, 2025 2 $47.57 $95.13
Dec 1, 2025 1 $50.14 $50.14
Nov 30, 2025 4 $52.85 $211.41
Nov 16, 2025 0.99 $62.85 $62.22
Nov 15, 2025 0.01 $62.85 $0.63
Oct 14, 2025 0.544 $72.00 $39.17
Oct 14, 2025 4 $72.30 $289.20
Oct 14, 2025 4 $72.00 $288.00
Oct 12, 2025 3 $72.00 $216.00
Oct 12, 2025 0.6638 $70.00 $46.47
Oct 8, 2025 1 $70.00 $70.00
Sep 22, 2025 1 $69.92 $69.92

Returns

7/11
Net APY
17.20%
Gross APY
22.97%
Cash-on-cash
17.20%
Gross rent / yr
$20,640.00
Monthly rent
$1,720.00
Net rent / yr
$15,456.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 465 fills, oldest first
Metric

interval

Dec 22 $1.00–$136.00 Mar 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 75%
Costs 25%
Net rent $15,456.00/yr distributed to holders of $20,640.00 gross rent collected

Valuation

9/17
Current price / token
$1.00 · 2 tokens ($2.00) · Mar 26, 2026
Appraisal NAV
$52.47 · frozen
Premium / discount vs NAV
-98.1% · frozen
Underlying value
$89,200.00
ZIP home value (Zillow)
$87,394.20
ZIP rent (Zillow)
$1,267.24
Median home value (ACS)
$82,500.00
Median rent (ACS)
$1,270.00
HUD fair market rent
$1,360.00 (3BR · ZIP)

Risk

7/16
LTV
Not provided
Occupancy
2/2 units
Vacancy rate (tract)
34.90%
Vacancy rate (county)
12.90%
Income vs county
-59.5%
Income trend
+31.3% (county)
Population trend
+0.7% (county)
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
297
Total tokens
1,700
Top holder
4.61%
Top 5
20.54%
Top 10
31.23%
Largest holding
50 tokens
Effective holders
67.2
HHI
148.8
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 297 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price.

Property & Neighborhood

9/13
Address
Not provided
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
3x2 Bed / 2x2 Bath
Size
2,600 sqft
Year built
1925
Operating since
2021-11-01 (4y 11m in)
Median income (tract)
$24,077.00
Population (tract)
1,628

Off-chain neighborhood data — US Census ACS 5-year (tract 531501) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.