In 2007, Nicolas Cage paid $15.7 million for a 27-acre Rhode Island estate with a 24,000-sq-ft mansion; after putting it on the market in 2008 for $15.9 million, he sold it for $6.2 million in 2011
- Cage sold the estate amid millions of dollars in back taxes.
- Actor Nicolas Cage sold his large Rhode Island estate for $6.2 million in 2011, four years after buying it for $15.7 million.
- Cage had originally put the property on the market for $15.9 million in 2008, but eventually accepted less than half of that asking price.
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- Cage sold the estate amid millions of dollars in back taxes.
- Actor Nicolas Cage sold his large Rhode Island estate for $6.2 million in 2011, four years after buying it for $15.7 million.
- Cage had originally put the property on the market for $15.9 million in 2008, but eventually accepted less than half of that asking price.
Sources: Times of India