A 38-year-old man has pleaded guilty to three charges of criminal damage, possession of a bladed article and nuisance calls after officers were called to an address on Lilley Close at around 10.50am.
There were no reports received of any injuries, but some damage to vehicles was reported, police said.
Inspector Mark Dickson, of Nottinghamshire Police, said: "Officers acted quickly and professionally following this report and were swiftly able to take the suspect into custody.
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"As our swift response to this incident shows, Nottinghamshire Police treats weapon-enabled crime extremely seriously and will act on intelligence to ensure that all our communities remain safe."
Ryan James Cooper of Valentine Avenue has been bailed by the Remand Court with conditions to appear at Nottingham Magistrates' Court on July 27.