Single Family
United States
1 / 3

10125 Somerset Ave, Detroit, MI 48224

29
10125 Somerset Ave, Detroit, United States

A 1939 single-family house in Detroit's Outer Drive-Hayes neighborhood, with brick siding, masonry foundations, 1,300 square feet of living space on a 4,138 square-foot lot. It offers 1 bedroom, 1.5 bathrooms, ductless forced air heating, a front yard, and a detached garage. The tree-lined neighborhood is near Chandler Park and the Franklin Public Library.

Property Overview

Bedrooms

1

Bathrooms

1.5

Size

1300 sq ft

Year Built

N/A

Investment Returns Projection

Projected value

$1,540
▲ $540 (54.00%)
Investment Summary
Asset Price$77,880.00
Token Price$51.92
Annual Yield9.02%
Monthly Rental$585.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $77,880.00 in total. The property itself is $54,000.00, so 44.2% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price69.3%$54,000.00
  • Reserves and improvements19.2%$14,990.00
  • Other11.4%$8,890.00

Figures as published by the platform at listing. Reserves are held for the property and stay inside the deal, closing costs and the platform fee do not.

Token Information

Total Tokens

1,500

Token Price

$51.92

Tokens Available

0

Minimum Investment

N/A

Token Holders

N/A

Platform Fee

N/A

Management Fee

N/A

Leverage

Not stated

Blockchain Network

Gnosis Chain

Token Symbol

REALTOKEN-S-10125-SOMERSET-AVE-DETROIT-MI

Contract Address

0x73caeb94bf5ec8c10f4dea0c65a904bd314b1f8f

Property Features

Property Type

Single Family

Bedrooms

1

Bathrooms

1.5

Size

1300 sq ft

Year Built

N/A

Condition

N/A

Street View
Total Price

$77,880.00

Token Price$51.92
Annual Yield9.02%
Tokens AvailableN/A