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Taylor Swift Makes Almost $1 Million Profit From Hyannis Port House Near Kennedy Compound

Realtor confirms to E! News that the singer bought the Cape Cod home and sold it after seven months

By Claudia Rosenbaum Mar 06, 2013 2:02 AMTags
Taylor Swift, Brit AwardsEamonn McCormack/Getty Images

Make that money, Taylor Swift

Despite being coy in Vanity Fair about buying the Hyannis Port, Mass., house near the Kennedy compound while dating Conor Kennedy last summer, realtor Bob Kinlin tells E! News that he did in fact sell the house to Swift.

The chart-topping singer avoided answering the question during her interview for the mag, saying, "Apparently I buy houses near every boy I like." 

But Kinlin, who sold the house last August to Swift, told us that the young singer snagged the Cape Code style, seven bedroom home for $4.8 million, in the name of the Ocean Drive LLC, registered to a Nashville manager Jesse P. Schaudies Jr. of Swift's 13 Management company. 

"I never physically met her, but she has obviously an entourage of people that represent her," the realtor told E! News. "And the property did close for $4.8 million."

He also told us that Swift turned around and sold the property two weeks ago, making almost $1 million in profit after having the home for only seven months. The home sold for $5,675,000 to a couple that had been coveting the house before Swift, Kinlin tells us.

Swift's team did do some improvements to the home, which included renovating the kitchen, some bathrooms and replacing the septic system.