First test the Ethernet cable that will be connecting down to the basement by temporarily connecting a computer directly to the Ethernet cable. Turn off the WiFi on the computer and make sure that you can get a good Internet connection that way. If you can, then the Time Capsule will work well.
If you cannot get a good Internet connection during your "test", then you will have to get that working first, before you can connect and set up the Time Capsule.
When you are ready, power up the Time Capsule for a few minutes
Then, hold in the reset button on the back of the Time Capsule for 7 to 8 seconds and release
Allow a full minute for the Time Capsule to restart back to a slow, blinking amber light status
Connect the Ethernet cable to the WAN "O" port on the Time Capsule
Click the WiFi menu icon at the top of the MacBook Pro's screen and look for a listing of New AirPort Base Station
Just below that, click directly on Time Capsule
The example below shows an AirPort Extreme as the new base station. You will see Time Capsule on your Mac.

When you click on Time Capsule, that will get the setup "wizard" up and running. It will take few seconds to analyze things and then display a screen that will look similar to this, except that you will see your Time Capsule pictured.

For Network Name.......Type in the exact same wireless network name that the xfinity network is using
For Base Station.......Type is a short simple name that you want to call the Time Capsule
For Password......Type in the exact same password that the xfinity network uses
For Verify......Type in the same password again to confirm
Click Next
The wizard will set everything up for you automatically. When you see the message of Setup Complete, click Done.
Important......power off both the xfinity modem/router and the Time Capsule
Wait a few seconds
Power up the xfinity modem/router and let it run a full minute
Then, power up the Time Capsule and you should be all set
When/If the Time Capsule displays a slow, blinking amber light.....
Open AirPort Utility.....(Finder > Applications > Utilities > AirPort Utility)
Click on the picture of the Time Capsule
Look for an Update button in the smaller window that appears to update the firmware on the Time Capsule