At this rate, he might as well sell it for the amount he he has to pay per month in taxes for it. That might be the only way to get rid of the thing!
For months, Nicolas Cage has been trying to unload his Rhode Island manor at a fraction of his original buying price.
That number has just gone down again! The massive estate, which includes a pool, tennis court, fish pond and stone terrace, along with the 12 bedroom brick and stone house complete with a library, billiard room and an astounding kitchen, is currently priced at $7.75 million. He bought it for $15.7 million.
Wowza! That's one deep cut! Poor guy just can't catch a break in this economy!
[Image via WENN.]
Tags: real estate, rhode island