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RealT Secondary

10048 Grayton 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.
10048 Grayton St, Detroit, MI 48224 — photo 1 1 / 3

Total Asset Value

$6,478

$81,781 raised

Price

$4.10 / token -84.8% vs previous fill

-92.1% vs issue price · NAV $43.67 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.02%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

113.92%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 1 ! 1 ✓ 4

red = caution · click to inspect each signal

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

$12.00 · 2.943823 tokens 38.92%
$12.63 · 0.5079 tokens 36.98%
$20.81 · 0.506925 tokens 22.45%

🔔 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 -92% vs issue

Overview

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

Exit & Liquidity

2/9
Sellability
Traded recently
Trades (7d)
1 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
5d ago 0.3287 $4.10 $1.35
Sep 24, 2026 2.5249 $27.00 $68.17
Aug 24, 2026 0 - -
Jul 4, 2026 0.2596 $10.00 $2.60
May 1, 2026 0.1091 $25.00 $2.73
May 1, 2026 1 $20.00 $20.00
May 1, 2026 1.7519 $56.43 RMM $98.86
Mar 14, 2026 0.0984 $20.70 $2.04
Mar 8, 2026 1.6625 $20.00 $33.25
Mar 2, 2026 0.5069 $17.75 $9.00
Mar 1, 2026 0.001 $20.81 $0.02
Feb 28, 2026 0.9 $20.70 $18.63
Feb 24, 2026 1.95 $20.81 $40.58
Feb 15, 2026 0.3347 $27.00 $9.04
Feb 6, 2026 0.107 $46.60 RMM $4.99
Feb 6, 2026 0.107 $30.00 $3.21
Feb 6, 2026 0.02 $46.60 RMM $0.93
Feb 6, 2026 0.02 $30.00 $0.60
Feb 6, 2026 0.01 $46.60 RMM $0.47
Feb 6, 2026 0.01 $30.00 $0.30

Returns

7/11
Net APY
9.02%
Gross APY
15.41%
Cash-on-cash
9.02%
Gross rent / yr
$12,600.00
Monthly rent
$1,050.00
Net rent / yr
$7,380.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 235 fills, oldest first
Metric

interval

Jan 24 $0.01–$60.00 Oct 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 59%
Costs 41%
Net rent $7,380.00/yr distributed to holders of $12,600.00 gross rent collected

Valuation

12/17
Current price / token
$4.10 · 0.3287 tokens ($1.35) · 5d ago
Appraisal NAV
$43.67 · frozen
Premium / discount vs NAV
-90.6% · frozen
Underlying value
$69,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$65,100.00
Median rent (ACS)
$1,303.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-36.7%
County-implied value (2× assessed)
$54,200.00
Last recorded sale
$58,500.00 (2020-12-11)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
25.00%
Vacancy rate (county)
12.90%
Income vs county
-48.2%
Income trend
+43.6%
Population trend
+9.5%
County tax standing
SUBJECT TO FORECLOSURE · $9,266.46
Blight tickets
7 tickets · 1 unpaid ($305.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,030
Total tokens
1,580
Top holder
3.10%
Top 5
11.66%
Top 10
19.50%
Largest holding
35.685 tokens
Effective holders
144.2
HHI
69.3
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 1,030 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 LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,059 sqft
Year built
1939
Operating since
2024-01-01 (2y 9m in)
Median income (tract)
$30,856.00
Population (tract)
3,771

Off-chain neighborhood data — US Census ACS 5-year (tract 500900) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.