It looks like you’re in the U.S.

Thank you for your interest in RealT. We’re currently working on a new offering for U.S. persons that is not yet ready for distribution. It’s coming soon – register and we’ll be sure to notify you when it’s ready!

We appreciate your understanding as we continue to redefine real estate investing around the globe.

5733 Neely Ln, Montgomery, AL 36116

View Smart Contracts: Eth xDai

Total Investment: $ 210,528.00

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

Questions/Need Help? Email Us.

Property Highlights

  • Expected Income

    7.28%

    Not including capital appreciation

  • Rent per Token

    $ 3.56 / year

  • Rent Start Date

    December 1, 2023

  • Token Price

    $ 48.96

  • Total Tokens

    4,300

All financial statements of property yield are best estimates based on current conditions, and can change at any time.

We are targeting the above yield for investors; however, no assurance can be given that you will obtain any return on investment, and there is a risk that you can lose your entire investment.

  • Property Type

    Single Family

  • Full Address

    5733 Neely Ln, Montgomery, AL 36116

  • Country

    USA

  • Source

    Roofstock

  • Neighborhood

    Fairfield

  • Construction Year

    1991

  • Bedroom/Bath

    3 Beds / 2 Baths

  • Rental Type

    Long-term

  • Rented?

    Fully Rented

  • Rent Subsidy?

    No

Property Financials

  • Gross Rent / year

    $ 20,280.00

  • Gross Rent / month

    $ 1,690.00

  • Monthly Costs

    - $ 413.00
    • Property Management (8.00%)
      - $ 135.20
    • RealT Platform (2.00%)
      - $ 33.80
    • Maintenance Expenses
      - $ 60.00
    • Property Taxes
      - $ 127.00
    • Insurance
      - $ 57.00
    • Utilities
      Tenant-paid

  • Net Rent / month

    $ 1,277.00

  • Net Rent / year

    $ 15,324.00

  • Total Investment

    $ 210,528.00
    • Underlying Asset Price
      $ 187,000.00
    • Operating Expense Reimbursement (8%)
      $ 16,841.74
    • Initial Maintenance Reserve
      $ 3,380.00
    • Initial Renovation Reserve
      $ 1,000.00
    • Administrative Fees
      $ 2,000.00
    • Miscellaneous Costs
      $ 300.00
    • Unrounded Listing Price
      $ 210,521.74
    • Rounding Difference
      $ 6.26

  • Expected Income

    7.28%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    9,147

  • Foundation

    Slab

  • Exterior Walls

    Brick

  • Roof Type

    Asphalt

  • Interior Size (sqft)

    1,645

  • Heating

    Central, Gas

  • Cooling

    Central Air

  • Building Class

    C

  • Renovated

    Yes

  • Property Manager

    Hemlane

Blockchain

  • Identifier

    REALTOKEN-S-5733-NEELY-LN-MONTGOMERY-AL

  • Total Tokens

    4300

Gnosis Chain

Ethereum

Test Renovation content!

Offering Details

  • Offering Date

    October 19, 2023

  • Issuer

    RealToken International 5733 Neely Ln Inc

  • Min. Investment Amount

    $48.96

  • Max. Investment Amount

    $210,528.00

  • Amount Raised

    $210,528.00

  • Offering Percent (of Total Tokens)

    100.00%

About the Property

 

5733 Neely Ln

5733 Neely Ln is a charming, single-family residence in the heart of Montgomery’s picturesque Fairfield neighborhood. Completely renovated and fully equipped with central heating and cooling, this 3-bedroom, 2-full bathroom house offers a comfortable, functional, and aesthetically pleasing layout in a spacious 1,645 square feet.

In the peaceful area of Neely Ln, you’ll find a selection of churches, high schools, middle schools, primary schools, and even a tennis center. Lakes surround the neighborhood, and a nearby assisted living home adds to the tranquility.

We have to mention that this property is in the same city as 8106 Faith Ct, another offering from our partner Roofstock. This proximity allows us to leverage the benefits of our economy-of-scale strategy, optimizing maintenance costs and collectively enhancing property values for both locations.

With an expected rental income of 7.28%, an asset price of $187,000.00, and a renovation budget of $1,000 for minor enhancements, this property represents a value of $113.68 per square foot. The token price is just $48.96, making for an attractive long-term investment.

Map

Property Records

Please sign in to view property records. Sign In >

Previous Properties

No Previous Properties were found for your area. US persons can only view US-only properties, and non-US persons can only view Non-US properties. If you believe you're seeing this message in error, please contact us via chat in the lower right corner of the website!
It looks like there are no previous properties at this time.
To improve site performance, the previous property query has been temporarily disabled until 00:00 UTC

    RealT has sold 414 other properties to investors around the world!

    For more information about these properties, please contact us via chat in the lower right corner of your screen, or email us at [email protected].