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RealT Secondary

10612 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.
10612 Somerset Ave, Detroit, MI 48224 — photo 1 1 / 3

Total Asset Value

$7,280

$66,495 raised

Price

$5.60 / token 0.0% vs previous fill

-89.1% vs issue price · NAV $50.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.09%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

101.26%

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

$9.00 · 3 tokens 63.01%
$48.00 · 10 tokens 11.81%
$57.96 · 2 tokens 9.78%

🔔 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 -89% 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
Jul 30, 2026 0.009 $5.60 $0.05
Jul 30, 2026 0.91 $5.60 $5.10
Jul 23, 2026 0.041 $8.20 $0.34
Jul 6, 2026 0.01 $10.00 $0.10
Jul 1, 2026 0.01 $10.70 $0.11
Jun 24, 2026 0.01 $11.00 $0.11
Jun 18, 2026 0.01 $11.75 $0.12
Feb 18, 2026 1 $19.69 $19.69
Feb 17, 2026 1 $19.00 $19.00
Feb 16, 2026 0.0078 $16.00 $0.12
Feb 12, 2026 0.38 $16.00 $6.08
Feb 12, 2026 0.04 $16.40 $0.66
Feb 12, 2026 0.6 $28.50 $17.10
Jan 9, 2026 1 $47.99 $47.99
Jan 8, 2026 2.66 $43.99 $117.02
Jan 8, 2026 1.3 $46.00 RMM $59.80
Jan 8, 2026 1.3 $43.99 $57.19
Jan 8, 2026 0.02 $43.99 $0.88
Jan 8, 2026 0.02 $43.99 $0.88
Dec 12, 2025 3 $51.00 $153.00

Returns

7/11
Net APY
11.09%
Gross APY
13.99%
Cash-on-cash
11.09%
Gross rent / yr
$9,300.00
Monthly rent
$775.00
Net rent / yr
$7,371.84
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 198 fills, oldest first
Metric

interval

Jan 23 $5.60–$81.00 Jul 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 79%
Costs 21%
Net rent $7,371.84/yr distributed to holders of $9,300.00 gross rent collected

Valuation

12/17
Current price / token
$5.60 · 0.009 tokens ($0.05) · Jul 30, 2026
Appraisal NAV
$50.00 · frozen
Premium / discount vs NAV
-88.8% · frozen
Underlying value
$65,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$54,700.00
Median rent (ACS)
$1,254.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-53.3%
County-implied value (2× assessed)
$61,000.00
Last recorded sale
$54,500.00 (2021-01-07)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
30.70%
Vacancy rate (county)
12.90%
Income vs county
-42.8%
Income trend
-9.3%
Population trend
-13.5%
County tax standing
SUBJECT TO FORECLOSURE · $9,840.03
Blight tickets
4 tickets · 4 unpaid ($890.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
223
Total tokens
1,300
Top holder
8.41%
Top 5
22.84%
Top 10
31.39%
Largest holding
61 tokens
Effective holders
50.8
HHI
196.9
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 223 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
SERIES #23; SERIES OF REALTOKEN LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
1,094 sqft
Year built
1940
Operating since
2020-07-24 (6y 2m in)
Median income (tract)
$34,063.00
Population (tract)
2,933

Off-chain neighborhood data — US Census ACS 5-year (tract 501000) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.