Drew,
Nope, it's just a WAP. The "modem" is in another room altogether.
I span out in three directions from there. This WAP being one of them. The "modem" has a WAP in it, so where it is located covers our two guestrooms as a WAP and two extra LAN ports if a hard wire is required in that room.
The only room I choose not to hard wire or WAP is our master bedroom. By the time we get in there at night the internest is the furthest thing from our minds.