Taylor Swift Profits Almost $1 Million Off Cape Cod Home
Business savvy pop star Taylor Swift proved to be just as adept in the real estate field this past week after selling her Hyannis Port mansion for a reported $875,000 more than what she paid for it last summer!
The “I Knew You Were Trouble” singer’s summer romance with Conor Kennedy reached its peak in early August when she dropped roughly $4.8 million on the seven-bedroom waterfront property, located directly across the street from Grandma Ethel Kennedy’s home.
After their brief romance fizzled out (as they tend to do with her) in November, the house was put back on the market. It sold in early February in the neighborhood of $5.7 million, despite T-Swift only owning the oceanside estate for 7 months.
In the latest issue of Vanity Fair magazine, Taylor alluded to the media’s portrayal of her clinginess when she said “I apparently buy houses near every boy I like—that’s a thing that I apparently do.”
The pad had previously been on the market since 2010 before Taylor up-and-bought it. Since that time, the asking price of $13.5 million dropped substantially. After last month’s sale Taylor owns just two homes now, one in Nashville and one in Beverly Hills.
Andrew Celani — Mix1041.com
Taylor Swift on Mix1041.com: