Single Family
United States
1 / 4

16199 Strathmoor St, Detroit, MI 48235

31
16199 Strathmoor St, Detroit, United States

A single-family home in Detroit's Cerveny neighborhood, built in 1929 with brick and frame siding and masonry foundations. The two-story house offers 1,204 square feet of living space on a 3,920-square-foot lot, with 3 bedrooms, 1 bathroom, gas and forced air heating, a dedicated driveway and a front yard. Nearby are schools and bus stops along Puritan Avenue.

Property Overview

Bedrooms

3

Bathrooms

1

Size

1204 sq ft

Year Built

N/A

Investment Returns Projection

Projected value

$1,615
▲ $615 (61.50%)
Investment Summary
Asset Price$88,445.00
Token Price$50.54
Annual Yield10.06%
Monthly Rental$741.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $88,445.00 in total. The property itself is $59,000.00, so 49.9% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price66.7%$59,000.00
  • Reserves and improvements21.5%$19,000.00
  • Other11.8%$10,445.00

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

1,750

Token Price

$50.54

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-16199-STRATHMOOR-ST-DETROIT-MI

Contract Address

0x8e1eb0d4093f0cc3e375084752a8fae2bff8996e

Property Features

Property Type

Single Family

Bedrooms

3

Bathrooms

1

Size

1204 sq ft

Year Built

N/A

Condition

N/A

Street View
Total Price

$88,445.00

Token Price$50.54
Annual Yield10.06%
Tokens AvailableN/A