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RealT Secondary

11898 Laing 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.
11898 Laing St, Detroit, MI 48224 — photo 1 1 / 11

Total Asset Value

$15,863

$69,957 raised

Price

$11.75 / token +6.8% vs previous fill

-77.3% vs issue price · NAV $51.11 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.30%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

41.00%

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

$10.00 · 2 tokens 48.18%
$10.00 · 243,030,000 tokens 48.17%
$10.73 · 4.3944 tokens 44.90%

🔔 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 -77% 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 12, 2026 0.2993 $50.00 RMM $14.97
Jul 10, 2026 0.0057 $50.00 RMM $0.29
Jul 9, 2026 1 $50.00 RMM $50.00
Jul 9, 2026 0.1743 $50.00 RMM $8.72
Jun 15, 2026 0.2853 $11.75 $3.35
Apr 22, 2026 0.4 $24.10 RMM $9.64
Mar 19, 2026 0.4567 $11.00 $5.02
Mar 19, 2026 9 $11.00 $99.00
Mar 18, 2026 1.5009 $11.00 $16.51
Mar 12, 2026 0.4 $15.90 $6.36
Mar 11, 2026 4 $15.00 $60.00
Mar 3, 2026 0.3084 $15.55 $4.79
Feb 26, 2026 0.1461 $14.39 $2.10
Feb 26, 2026 1 $14.39 $14.39
Feb 25, 2026 1 $14.39 $14.39
Feb 23, 2026 0.2484 $14.39 $3.57
Feb 22, 2026 2 $15.39 $30.78
Feb 22, 2026 1.0996 $15.39 $16.92
Feb 17, 2026 0.9362 $19.00 $17.79
Feb 8, 2026 1.2582 $25.00 $31.46

Returns

7/11
Net APY
9.30%
Gross APY
14.75%
Cash-on-cash
9.30%
Gross rent / yr
$10,320.00
Monthly rent
$860.00
Net rent / yr
$6,504.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 343 fills, oldest first
Metric

interval

Dec 22 $1.00–$68.80 Jun 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 63%
Costs 37%
Net rent $6,504.00/yr distributed to holders of $10,320.00 gross rent collected

Valuation

12/17
Current price / token
$11.75 · 0.2853 tokens ($3.35) · Jun 15, 2026
Appraisal NAV
$51.11 · frozen
Premium / discount vs NAV
-77.0% · 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
-48.2%
County-implied value (2× assessed)
$68,200.00
Last recorded sale
$3,500.00 (2009-04-27)

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 · $3,302.35
Blight tickets
7 tickets · 6 unpaid ($1,610.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
903
Total tokens
1,350
Top holder
18.32%
Top 5
27.36%
Top 10
33.10%
Largest holding
183.958 tokens
Effective holders
25.8
HHI
386.9
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 903 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
REALTOKEN INTERNATIONAL 1189 et al
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
900 sqft
Year built
1940
Operating since
2022-08-01 (4y 2m 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.