I was recently reading about the virtues of reverse searing a steak, i.e. slowly roasting it in an oven until done, and then finishing it off with a sear in a very hot cast iron frying pan. If done right, the result is a steak which is evenly cooked to the preferred level of doneness and has a good crust. (This technique works best with a thick steak.) As shown in the photograph, I achieved that last night.
My toaster oven can bake at very low temperatures. I chose 200 degrees. After drying the steak with paper towels and inserting a thermometer, I roasted it for about an hour before the temperature in the center was 124 degrees. I then heated a tablespoon of oil in a cast iron skillet until nearly smoking, and seared the steak for about 75 seconds, flipping it several times.
The next time I do this, I might experiment was a slightly higher temperature, like 225 degrees to speed up the process.