A rope, a system and a method for measuring one or more properties of a rope. A property evaluation system for ropes can be deployed for a number of different applications including, but not limited to, moving lines, e.g., crane or winch and static lines, e.g., mooring lines, stays, etc., to evaluate physical properties of the ropes and, in some cases, to help evaluate structural health of the ropes. A sheave assembly (10) may transmit a signal into a rope (14) to measure at least one property of the rope. At least one sensor (25) may be coupled to or assembled in the rope to measure at least one property of the rope.