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RealT Secondary Vacant

4308 W Grand 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.
4308 W Grand St, Detroit, MI 48238 — photo 1 1 / 8

Total Asset Value

$39,200

$141,344 raised

Price

$14.00 / token +40.0% vs previous fill

-72.3% vs issue price · NAV $26.79 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.64%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

34.75%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 0 ! 0 ✓ 3

red = caution · click to inspect each signal

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

$6.00 · 1 tokens 81.07%
$12.00 · 23 tokens 40.53%
$13.00 · 1 tokens 37.42%

🔔 Watch this property

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

Risk check Minimal flood risk Sellable -72% vs issue

Overview

4/5
Platform
RealT
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Vacant

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 29, 2026 1 $14.00 $14.00
Jul 9, 2026 0.75 $51.49 RMM $38.62
Jul 7, 2026 2 $45.00 RMM $90.00
Jun 30, 2026 4.4991 $10.00 $44.99
Jun 20, 2026 0.5009 $10.00 $5.01
May 3, 2026 0.25 $11.31 $2.83
May 3, 2026 0.2 $10.72 $2.14
Apr 30, 2026 0.2927 $10.72 $3.14
Apr 30, 2026 2.2787 $9.95 $22.67
Apr 30, 2026 0.4514 $9.95 $4.49
Apr 30, 2026 0.2699 $9.95 $2.69
Apr 20, 2026 0.28 $11.33 $3.17
Apr 13, 2026 0.4 $10.63 $4.25
Apr 11, 2026 1 $10.10 $10.10
Apr 9, 2026 0.2 $9.39 $1.88
Apr 8, 2026 1 $12.00 $12.00
Apr 7, 2026 2 $10.00 $20.00
Apr 7, 2026 0.25 $8.84 $2.21
Apr 1, 2026 0.3 $9.00 $2.70
Apr 1, 2026 0.9708 $9.00 $8.74

Returns

7/11
Net APY
9.64%
Gross APY
15.71%
Cash-on-cash
9.64%
Gross rent / yr
$22,200.00
Monthly rent
$1,850.00
Net rent / yr
$13,620.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 131 fills, oldest first
Metric

interval

Apr 25 $8.84–$51.00 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 61%
Costs 39%
Net rent $13,620.00/yr distributed to holders of $22,200.00 gross rent collected

Valuation

9/17
Current price / token
$14.00 · 1 tokens ($14.00) · Sep 29, 2026
Appraisal NAV
$26.79 · frozen
Premium / discount vs NAV
-47.7% · frozen
Underlying value
$75,000.00
ZIP home value (Zillow)
$55,725.94
ZIP rent (Zillow)
$1,140.90
Median home value (ACS)
$97,500.00
Median rent (ACS)
$826.00
HUD fair market rent
$1,160.00 (2BR · ZIP)

Risk

6/16
LTV
Not provided
Occupancy
Not provided
Vacancy rate (tract)
41.70%
Vacancy rate (county)
12.90%
Income vs county
-62.4%
Income trend
-8.3%
Population trend
-1.1%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
736
Total tokens
2,800
Top holder
6.69%
Top 5
15.76%
Top 10
21.06%
Largest holding
186.666 tokens
Effective holders
108.2
HHI
92.4
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 736 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
2x3 Beds / 1x1 ; 1x1.5 Baths
Size
2,600 sqft
Year built
1926
Operating since
2025-08-15 (1y 2m in)
Median income (tract)
$22,380.00
Population (tract)
1,176

Off-chain neighborhood data — US Census ACS 5-year (tract 530400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.