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RealT Secondary

6582 Bewick St, Detroit, MI 48213

🇺🇸 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.
6582 Bewick St, Detroit, MI 48213 — photo 1 1 / 4

Total Asset Value

$27,225

$368,775 raised

Price

$3.63 / token -27.4% vs previous fill

-92.6% vs issue price · NAV $34.67 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.24%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

138.69%

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

$5.00 · 3 tokens 100.69%
$5.00 · 5.2458 tokens 100.69%
$9.50 · 0.674738 tokens 52.99%

🔔 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 -93% 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
Aug 24, 2026 0.5 $3.63 $1.81
Aug 2, 2026 0.3156 $5.00 $1.58
Jul 30, 2026 0.3592 $5.50 $1.98
Jul 9, 2026 0.4 $45.00 RMM $18.00
Jul 9, 2026 0.1 $45.00 RMM $4.50
Jul 9, 2026 0.0222 $45.00 RMM $1.00
Jul 9, 2026 0 - -
Jul 8, 2026 1 $45.00 RMM $45.00
Jul 7, 2026 0.2 $45.00 RMM $9.00
Jun 23, 2026 0.7992 $8.02 $6.41
Jun 23, 2026 0.2008 $8.02 $1.61
Jun 22, 2026 0.1 $7.05 $0.71
Jun 17, 2026 0.05 $6.63 $0.33
Jun 17, 2026 0.1 $6.63 $0.66
Jun 15, 2026 3 $5.00 $15.00
Jun 6, 2026 0.5531 $13.00 $7.19
May 29, 2026 0.1374 $15.00 $2.06
Mar 30, 2026 0.2379 $15.80 $3.76
Mar 30, 2026 0.2379 $11.00 $2.62
Mar 30, 2026 1.3508 $15.80 $21.34

Returns

7/11
Net APY
10.24%
Gross APY
18.34%
Cash-on-cash
10.24%
Gross rent / yr
$67,620.00
Monthly rent
$5,635.00
Net rent / yr
$37,758.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 820 fills, oldest first
Metric

interval

Feb 23 $0.01–$71.82 Aug 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 56%
Costs 44%
Net rent $37,758.00/yr distributed to holders of $67,620.00 gross rent collected

Valuation

11/17
Current price / token
$3.63 · 0.5 tokens ($1.81) · Aug 24, 2026
Appraisal NAV
$34.67 · frozen
Premium / discount vs NAV
-89.5% · frozen
Underlying value
$260,000.00
ZIP home value (Zillow)
$46,649.00
ZIP rent (Zillow)
$1,316.25
Median home value (ACS)
$40,500.00
Median rent (ACS)
$1,173.00
HUD fair market rent
$1,440.00 (8BR · ZIP)
County-implied value (2× assessed)
$253,800.00
Last recorded sale
$8,000.00 (2009-12-18)

Risk

9/16
LTV
Not provided
Occupancy
8/8 units
Vacancy rate (tract)
39.70%
Vacancy rate (county)
12.90%
Income vs county
-30.7%
Income trend
+31.3% (county)
Population trend
+0.7% (county)
County tax standing
SUBJECT TO FORECLOSURE · $32,466.30
Blight tickets
30 tickets · 24 unpaid ($11,255.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,353
Total tokens
7,500
Top holder
11.31%
Top 5
19.43%
Top 10
24.53%
Largest holding
545.212 tokens
Effective holders
56.9
HHI
175.7
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 1,353 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 REAL TOKEN VII LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
8x1 Beds / 8x1 Baths
Size
4,508 sqft
Year built
1926
Operating since
2023-03-12 (3y 7m in)
Median income (tract)
$41,250.00
Population (tract)
3,164

Off-chain neighborhood data — US Census ACS 5-year (tract 505700) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.