← Back to screener
RealT Secondary

11260 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.
11260 Somerset Ave, Detroit, MI 48224 — photo 1 1 / 6

Total Asset Value

$33,120

$92,000 raised

Price

$18.00 / token +407.0% vs previous fill

-64.0% vs issue price · NAV $39.13 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.17%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

25.47%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 0 ! 0 ✓ 5

red = caution · click to inspect each signal

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

$7.00 · 2.03285 tokens 65.50%
$10.35 · 1 tokens 44.30%
$13.00 · 1 tokens 35.27%

🔔 Watch this property

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

Risk check Fully occupied Property tax current Minimal flood risk Sellable -64% 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
Sep 30, 2026 5 $18.00 $90.00
Sep 11, 2026 1.0329 $3.55 $3.67
Aug 4, 2026 0.01 $6.99 $0.07
Jul 2, 2026 0.9671 $7.00 $6.77
Jun 4, 2026 0.1 $10.46 $1.05
May 27, 2026 12.4991 $10.00 $125.03
May 25, 2026 0.501 $10.00 $5.01
Apr 16, 2026 0.3 $11.10 $3.33
Apr 13, 2026 0.25 $10.60 $2.65
Apr 11, 2026 1 $10.00 $10.00
Apr 7, 2026 0.25 $8.88 $2.22
Apr 7, 2026 0.1 $8.14 $0.81
Apr 7, 2026 0.1 $7.88 $0.79
Apr 2, 2026 0.5 $7.60 $3.80
Apr 1, 2026 0.25 $6.40 $1.60
Mar 31, 2026 0.4 $5.95 $2.38
Mar 29, 2026 1.3638 $4.90 $6.68
Mar 29, 2026 0.2 $4.99 $1.00
Mar 29, 2026 0.3 $4.99 $1.50
Mar 29, 2026 3 $4.99 $14.97

Returns

7/11
Net APY
9.17%
Gross APY
15.65%
Cash-on-cash
9.17%
Gross rent / yr
$14,400.00
Monthly rent
$1,200.00
Net rent / yr
$8,436.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 110 fills, oldest first
Metric

interval

Jul 25 $3.55–$50.75 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 $8,436.00/yr distributed to holders of $14,400.00 gross rent collected

Valuation

12/17
Current price / token
$18.00 · 5 tokens ($90.00) · Sep 30, 2026
Appraisal NAV
$39.13 · frozen
Premium / discount vs NAV
-54.0% · frozen
Underlying value
$72,000.00
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
-27.7%
County-implied value (2× assessed)
$74,600.00
Last recorded sale
$75,247.00 (2013-01-05)

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
Current (no delinquency)
Blight tickets
4
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
556
Total tokens
1,840
Top holder
4.38%
Top 5
14.89%
Top 10
22.88%
Largest holding
80 tokens
Effective holders
118.4
HHI
84.5
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 556 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
EASTLAWN LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1.5 Bath
Size
1,146 sqft
Year built
1940
Operating since
2025-10-01 (1y 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.