RealT Secondary

4380 Beaconsfield St, 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.
4380 Beaconsfield St, Detroit, MI 48224 — photo 1 1 / 3

Total Asset Value

$20,268

$64,656 raised

Price

$16.89 / token 0.0% vs previous fill

-68.7% vs issue price · NAV $52.50 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.07%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

38.52%

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

$6.40 · 1 tokens 101.65%
$10.00 · 1 tokens 65.05%
$15.00 · 2 tokens 43.37%

🔔 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 -69% 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
9d ago 0.1172 $32.00 RMM $3.75
Aug 29, 2026 0.0328 $45.00 RMM $1.48
Aug 16, 2026 0.05 $60.01 RMM $3.00
Jul 17, 2026 0.022 $63.00 RMM $1.39
Feb 26, 2026 0.949 $16.89 $16.03
Feb 23, 2026 0.051 $16.89 $0.86
Feb 17, 2026 0.79 $19.00 $15.01
Feb 16, 2026 0.2 $35.00 $7.00
Feb 9, 2026 0.01 $35.00 $0.35
Jan 16, 2026 1 $53.88 $53.88
Dec 7, 2025 2 $48.49 $96.98
Dec 2, 2025 0.3 $47.00 $14.10
Nov 20, 2025 0.077 $46.50 $3.58
Nov 20, 2025 1 $46.50 $46.50
Nov 20, 2025 0.656 $46.50 $30.50
Sep 30, 2025 0.2 $44.72 RMM $8.94
Sep 18, 2025 0.0932 $53.88 $5.02
Sep 13, 2025 0.3 $53.88 $16.16
Sep 7, 2025 0.2 $47.95 RMM $9.59
Sep 2, 2025 0.02 $53.75 $1.07

Returns

7/11
Net APY
12.07%
Gross APY
16.93%
Cash-on-cash
12.07%
Gross rent / yr
$10,944.00
Monthly rent
$912.00
Net rent / yr
$7,807.04
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 105 fills, oldest first
Metric

interval

Dec 22 $16.89–$99.00 Feb 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 71%
Costs 29%
Net rent $7,807.04/yr distributed to holders of $10,944.00 gross rent collected

Valuation

12/17
Current price / token
$16.89 · 0.949 tokens ($16.03) · Feb 26, 2026
Appraisal NAV
$52.50 · frozen
Premium / discount vs NAV
-67.8% · frozen
Underlying value
$63,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$52,500.00
Median rent (ACS)
$1,296.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-45.1%
County-implied value (2× assessed)
$90,600.00
Last recorded sale
$36,000.00 (2020-12-29)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
21.60%
Vacancy rate (county)
12.90%
Income vs county
-31.0%
Income trend
+12.8%
Population trend
-9.0%
County tax standing
SUBJECT TO FORECLOSURE · $11,038.98
Blight tickets
18 tickets · 8 unpaid ($3,045.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
160
Total tokens
1,200
Top holder
15.70%
Top 5
32.79%
Top 10
44.82%
Largest holding
60 tokens
Effective holders
25.4
HHI
393.6
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 160 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. / 2 Bath
Size
1,470 sqft
Year built
1928
Operating since
2020-12-23 (5y 9m in)
Median income (tract)
$41,064.00
Population (tract)
1,978

Off-chain neighborhood data — US Census ACS 5-year (tract 502000) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.