RealT Secondary

11078 Longview 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.
11078 Longview St, Detroit, MI 48213 — photo 1 1 / 7

Total Asset Value

$153,000

$758,850 raised

Price

$10.20 / token -32.0% vs previous fill

-79.8% vs issue price · NAV $44.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

13.34%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

66.19%

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

$6.00 · 5 tokens 112.52%
$25.00 · 9 tokens 27.00%
$32.00 · 10 tokens 21.10%

🔔 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 -80% 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 16, 2026 10 $50.20 RMM $502.00
Apr 15, 2026 0.1 $10.20 $1.02
Apr 8, 2026 2.99 $15.00 $44.85
Mar 27, 2026 0.0056 $7.00 $0.04
Mar 27, 2026 0.78 $7.00 $5.46
Mar 27, 2026 0.0786 $8.00 $0.63
Mar 26, 2026 0.1358 $10.00 $1.36
Feb 22, 2026 1 $15.38 $15.38
Feb 22, 2026 18.99 $18.29 $347.33
Feb 22, 2026 3 $18.29 $54.87
Feb 22, 2026 1 $18.29 $18.29
Feb 21, 2026 0.01 $18.29 $0.18
Feb 17, 2026 2 $19.00 $38.00
Feb 16, 2026 0.0057 $20.10 $0.12
Feb 15, 2026 2.99 $5.06 $15.13
Feb 14, 2026 0.1919 $20.00 $3.84
Feb 13, 2026 6.04 $20.10 $121.40
Feb 12, 2026 0.8 $20.00 $16.00
Feb 12, 2026 0.0331 $20.00 $0.66
Feb 12, 2026 3 $20.00 $60.00

Returns

7/11
Net APY
13.34%
Gross APY
20.23%
Cash-on-cash
13.34%
Gross rent / yr
$153,504.00
Monthly rent
$12,792.00
Net rent / yr
$101,263.68
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 462 fills, oldest first
Metric

interval

Jan 23 $5.06–$75.00 Apr 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 66%
Costs 34%
Net rent $101,263.68/yr distributed to holders of $153,504.00 gross rent collected

Valuation

11/17
Current price / token
$10.20 · 0.1 tokens ($1.02) · Apr 15, 2026
Appraisal NAV
$44.00 · frozen
Premium / discount vs NAV
-76.8% · frozen
Underlying value
$660,000.00
ZIP home value (Zillow)
$46,649.00
ZIP rent (Zillow)
$1,316.25
Median home value (ACS)
$58,400.00
Median rent (ACS)
$761.00
HUD fair market rent
$1,440.00 (13BR · ZIP)
County-implied value (2× assessed)
$537,400.00
Last recorded sale
$550,000.00 (2021-05-27)

Risk

9/16
LTV
Not provided
Occupancy
13/13 units
Vacancy rate (tract)
34.50%
Vacancy rate (county)
12.90%
Income vs county
-59.8%
Income trend
+1.1%
Population trend
+12.6%
County tax standing
SUBJECT TO FORECLOSURE · $70,180.80
Blight tickets
71 tickets · 51 unpaid ($28,095.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
558
Total tokens
15,000
Top holder
13.95%
Top 5
61.04%
Top 10
69.84%
Largest holding
1,500 tokens
Effective holders
12.1
HHI
825.9
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 558 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 II LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
13x2 / 13x1
Size
8,480 sqft
Year built
1928
Operating since
2021-05-28 (5y 4m in)
Median income (tract)
$23,938.00
Population (tract)
1,699

Off-chain neighborhood data — US Census ACS 5-year (tract 504400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.