Threeworld home
Single Family
United States
1 / 3

11887 Riad St, Detroit, MI 48224

28
11887 Riad St, Detroit, United States

A single-family home in Detroit's Denby neighborhood, built in 1948 with a brick exterior and masonry foundation. It offers 1,239 square feet of living space with 3 bedrooms, 1 bathroom, ductless forced air heating, and an attached garage. Nearby Skinner Playfield provides a basketball court and playgrounds, and downtown Detroit is 11 miles away.

Property Overview

Bedrooms

3

Bathrooms

1

Size

1239 sq ft

Year Built

N/A

Investment Returns Projection

Projected value

$1,539
▲ $539 (53.90%)
Investment Summary
Asset Price$76,740.00
Token Price$51.16
Annual Yield9.01%
Monthly Rental$576.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $76,740.00 in total. The property itself is $56,000.00, so 37.0% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price73.0%$56,000.00
  • Reserves and improvements15.6%$11,970.00
  • Other11.4%$8,770.00

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

$51.16

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-11887-RIAD-ST-DETROIT-MI

Contract Address

0x9fa3c15d8f21f1f35d1187069d66ae422ee45eba

Property Features

Property Type

Single Family

Bedrooms

3

Bathrooms

1

Size

1239 sq ft

Year Built

N/A

Condition

N/A

Street View
Total Price

$76,740.00

Token Price$51.16
Annual Yield9.01%
Tokens AvailableN/A

Property Resources