About this propertyMLS® 1295954
Whether you want to build your dream home, start a farm, or both, this land might be ideal for you. Almost 3 acres of treed Agriculturally zoned property located right on Ruby Line. Privacy abound while being just 5 minutes from the highway and 11 minutes from downtown St. John's. Agricultural zoning allows for the development of a Horticultural Operation, housing of livestock, the construction of an Accessory Building, heavy equipment storage, the construction of a primary residence and much more (all subject to the appropriate permits from the City of St. John's). There is also an additional 1/2 acre of land available adjacent to this property at 24 Ruby Line. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
136 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Flood zone
Within 15 m flood buffer
City of St. John's flood mapping
Zoning
AG · AG
252.36 ha parcel
Property tax
$153 / year
≈ $13 / month
Climate
Feb -1° · Jul 21°
normal daily high · ST JOHN'S A station · 1991–2020
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 12 min to downtown St. John's12.3 km
- 18 min to Memorial University15.9 km
- 24 min to Avalon Mall22.6 km
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Mortgage & investment calculator
Estimated monthly payment
$13/mo
Principal & interest $0 + property tax $13 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-12
NOI / month
$-12
Cap rate
-0.06%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $13 | $153 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-12 | $-144 |
| NOI | $-12 | $-144 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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