In at least a decade chip multiprocessors (CMP) have been dominating new commercial releases due to computational advantages of parallel computing cores on a single chip. Network on Chip (NoC) has emerged as an interconnection network of CMPs. But significant bandwidth that is required for multicore chips is becoming a bottleneck in the traditional (electrical) network on chip, due to delays caused by long wires in the electric NoC. Integration of photonic links with traditional electronic interconnects proposes a promising solution for this challenge. Since there are numerous design parameters for opto-electrical network architectures, an accurate evaluation is needed to study the impact of each design parameter on network performance, and to provide the most suitable network for a given set of applications, a power or a performance goal. In this thesis, we present a prediction modeling technique for design space exploration of an opto-electrical network on chip. Our proposed model accurately predicts delay (includes network packet latency and network contention delay) and energy (includes static and dynamic energy consumption) of the network. Specifically, this work addresses the fundamental challenge of accurate estimation of desired metrics without having to incur high simulation cost of numerous configurations of the optical network on chip architecture. We reduce the number of required simulations by accurately selecting the parameters that have the most impact on the network. Furthermore, we sparsely and randomly sample the designs build using these parameters from an Optical Network on Chip (ONoC) design space, and simulate only the sampled designs. We validate our model with three different applications executing on a large set of network configurations in a large optical network on chip design space. We achieve average error rates (root relative squared error) as low as 5.5% for the delay and 3.05% for the energy consumption.