Single Family
United States
1 / 4

10062 Somerset Ave, Detroit, MI 48224

27
10062 Somerset Ave, Detroit, United States

A single-family house built in 1940 at 10062 Somerset Ave in Detroit's Conner neighborhood, about 10 miles north of downtown. The 1,168-square-foot home on a 4,965-square-foot lot has 3 bedrooms, 1 bathroom, a brick exterior, gas forced air heating, a front yard and an attached garage. Nearby green spaces include Brookins park and Martz Playground.

Property Overview

Bedrooms

3

Bathrooms

1

Size

1168 sq ft

Year Built

N/A

Investment Returns Projection

Projected value

$1,541
▲ $541 (54.10%)
Investment Summary
Asset Price$82,461.70
Token Price$50.59
Annual Yield9.04%
Monthly Rental$621.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $82,461.70 in total. The property itself is $58,500.00, so 41.0% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price70.9%$58,500.00
  • Reserves and improvements17.1%$14,120.00
  • Other11.9%$9,841.70

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

1,630

Token Price

$50.59

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-10062-SOMERSET-AVE-DETROIT-MI

Contract Address

0xd4178045de5a66923d99ff32fb0eea18dcc45d40

Property Features

Property Type

Single Family

Bedrooms

3

Bathrooms

1

Size

1168 sq ft

Year Built

N/A

Condition

N/A

Street View
Total Price

$82,461.70

Token Price$50.59
Annual Yield9.04%
Tokens AvailableN/A