Comparable Properties - Monthly Cost/Per Sq Ft

Thanks for your question! We calculate the monthly cost/sf by adding up all the monthly costs and dividing that by the square footage indicated in the listing. If you are looking at a condo listing, we add up the common charges and the taxes. For co-ops, we just use the total monthly maintenance.

thanks - it just seems to be a bit misleading since many properties adjust the selling price to compensate for a higher maintenance charge. at least i understand now how it is caluclated. it would be nice if the price per square foot included the cost of the mortgage also and assumed say a 20% down payment at an interest rate of 5.00% but i might be asking too much. anyways thanks for the information.