7478 CR 663
About This Property
local builder L. Norman Adams, this 1,371 sq ft residence includes a two car garage and sits on a peaceful,
private parcel zoned RR1 with the potential to split out a 1 acre homesite (verify specifics with Sumter County). No HOA or
restrictions.
Imagine country living under mature oak trees with cleared pastureland ideal for multigenerational living, a
workshop or barn, room for an RV/boat, gardening, or raising chickens. With a few updates this home can
become a nature lover's dream or a strong investment with future development potential.
Convenient to Bushnell, Brooksville, Spring Hill, Inverness and Tampa, with I75 just down the road. The property is quiet, country living at it's best. There is a Dollar General less than a mile from the property. Nature coast beaches are just a 40 minute drive. Properties combining land, a
sturdy home, and future flexibility are rare! Don't miss this one. Contact your agent to schedule a showing.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Sold | ||
| Sold | |||
| Aug 2, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Price Decreased |
$399,900
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Apr 1, 2026 | Listed by ERA GRIZZARD REAL ESTATE | $414,900 | |
| Listed by ERA GRIZZARD REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017