RealT Secondary

14256 Montrose St, Detroit, MI 48227

🇺🇸 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.
14256 Montrose St, Detroit, MI 48227 — photo 1 1 / 9

Total Asset Value

$31,200

$132,470 raised

Price

$12.00 / token +135.3% vs previous fill

-76.4% vs issue price · NAV $39.62 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.79%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

41.58%

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 49.89%
$12.43 · 0.6893 tokens 40.14%
$28.00 · 1 tokens 17.82%

🔔 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 -76% 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 0.4663 $65.01 RMM $30.31
Jul 28, 2026 0.0154 $65.01 RMM $1.00
Jul 28, 2026 0.0154 $65.01 RMM $1.00
Jul 27, 2026 0.0028 $65.01 RMM $0.18
Mar 25, 2026 1 $12.00 $12.00
Mar 21, 2026 10 $5.10 $51.00
Mar 17, 2026 0.4 $16.10 $6.44
Mar 11, 2026 0.25 $15.05 $3.76
Feb 26, 2026 0.6893 $14.08 $9.71
Feb 23, 2026 0.3107 $14.08 $4.37
Feb 23, 2026 1.1996 $15.08 $18.09
Feb 22, 2026 1.8004 $15.13 $27.24
Feb 17, 2026 0.0098 $10.00 $0.10
Feb 17, 2026 0.14 $10.00 $1.40
Feb 15, 2026 0.8501 $23.00 $19.55
Feb 10, 2026 0.5317 $22.00 $11.70
Feb 7, 2026 0.5842 $25.00 $14.60
Feb 5, 2026 0.2873 $33.00 $9.48
Feb 1, 2026 0.3872 $35.00 $13.55
Feb 1, 2026 0.0286 $35.00 $1.00

Returns

7/11
Net APY
9.79%
Gross APY
15.31%
Cash-on-cash
9.79%
Gross rent / yr
$20,280.00
Monthly rent
$1,690.00
Net rent / yr
$12,972.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 183 fills, oldest first
Metric

interval

Feb 24 $0.05–$79.00 Mar 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 64%
Costs 36%
Net rent $12,972.00/yr distributed to holders of $20,280.00 gross rent collected

Valuation

11/17
Current price / token
$12.00 · 1 tokens ($12.00) · Mar 25, 2026
Appraisal NAV
$39.62 · frozen
Premium / discount vs NAV
-69.7% · frozen
Underlying value
$103,000.00
ZIP home value (Zillow)
$70,470.53
ZIP rent (Zillow)
$1,369.91
Median home value (ACS)
$81,600.00
Median rent (ACS)
$1,147.00
HUD fair market rent
$1,220.00 (2BR · ZIP)
County-implied value (2× assessed)
$123,000.00
Last recorded sale
$26,000.00 (1971-08-01)

Risk

9/16
LTV
Not provided
Occupancy
2/2 units
Vacancy rate (tract)
14.20%
Vacancy rate (county)
12.90%
Income vs county
-15.8%
Income trend
+75.4%
Population trend
-17.5%
County tax standing
SUBJECT TO FORECLOSURE · $10,153.09
Blight tickets
9 tickets · 6 unpaid ($1,170.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
597
Total tokens
2,600
Top holder
5.62%
Top 5
14.45%
Top 10
20.18%
Largest holding
101 tokens
Effective holders
116
HHI
86.2
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 597 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 IV LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
2 x 3 Beds / 2 x 1 Bath
Size
2,202 sqft
Year built
1928
Operating since
2024-04-15 (2y 6m in)
Median income (tract)
$50,089.00
Population (tract)
2,235

Off-chain neighborhood data — US Census ACS 5-year (tract 542400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.