Taylor Swift Sells Home Near Kennedy Compound for $1 Million Profit
It seems like everything Taylor Swift touches turns to gold. Not only did she have the only triple Platinum album of 2012, and is currently embarked on the enormous RED tour, but she also has the Midas touch when it comes to flipping real estate. The 23-year-old singer recently sold the home she bought in Hyannis Port, Mass. — near the Kennedy compund — and made nearly $1 million dollars after owning the house for just seven months.
Realtor Bob Kinlin tells E! News that he sold the Cape Cod-style house to Swift last August for just under $5 million.Â ”I never physically met her, but she has obviously an entourage of people that represent her,” he says. “And the property did close for $4.8 million.” The property’s title was held by Ocean Drive LLC, which is registered under the name of one of Swift’s team at 13 Management.
After a few renovations to the kitchen and bathrooms, as well as a new septic system, Swift sold the house two weeks ago to a buyer who had been interested in it before she purchased it. The new owners paid $5,675,000 for the house and property, which you can see pictures of here.