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Taylor Swift flips Hyannis Port house near Kennedys for almost $1 million profit

USMagazine, Wednesday, March 6, 2013, 8:00am (PST)
  • Second thoughts? Taylor Swift may not buy houses next door to every boy she dates, but she did purchase one near Conor Kennedy. But soon after their breakup, the country singer decided to sell the property -- and made a nice little profit! 

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    In the April issue of Vanity Fair, Swift, 22, was asked about reports that she bought a Hyannis Port, Mass., home near the Kennedy compound. "People say that about me, that I apparently buy houses near every boy I like -- that's a thing that I apparently do," said the country singer, who's had relationships with Jake Gyllenhaal, John Mayer, Taylor Lautner and more A-list stars. "If I like you I will apparently buy up the real estate market just to freak you out so you leave me."

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    But the magazine, citing a source, reported that Swift did, in fact, buy the property (via her management company) last August for $4.8 million. E! News confirmed the sale with realtor Bob Kinlin, who noted that the Grammy winner then "flipped" the house two weeks ago.

    According to Kinlin, the seven-bedroom home sold for $5,675,000 to a couple previously interested in the property. Swift made a nearly $1 million profit after her team made a few renovations.

    "It was like a house-flip," a source told Vanity Fair. "A good short-term investment."

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    The "We Are Never Ever Getting Back Together" singer, however, told Vanity Fair she doesn't have to address rumors because the truth will eventually come out. She said, "One of these things I say to myself to calm myself down when I feel like it's all too much. ... If there's a pregnancy rumor, people will find out it's not true when you wind up not being pregnant, like nine months from now, and if there's a house rumor, they'll find out it's not true when you are actively not ever spotted at that house."

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