Balsam Cap is a mountain located in Ulster County, New York.

The northeast and southeast slopes of Balsam Cap drain into Maltby Hollow Brook, thence into Bush Kill, the Ashokan Reservoir, Esopus Creek, the Hudson River, and into New York Bay.

The southwest side of Balsam Cap drains into the headwaters of Rondout Creek, thence into the Hudson River.

Balsam Cap is within the Slide Mountain Wilderness of New York's Catskill State Park.

This article about a location in Ulster County, New York is a stub.